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The marketing manager at RST Consulting, allocates annual bonuses to employees based on performance evaluations. What principle is the manager following?
Standard Time
The established amount of time required to perform a task under normal conditions, often used for planning and scheduling purposes.
Labour Content
The total amount of work required to produce a good or service, often measured in terms of time or labor hours.
Incentive Plans
Programs designed to motivate and reward employees for reaching or exceeding their performance targets.
Staffing Needs
The requirements an organization has for the quantity and quality of workforce to meet its objectives and deliver on its strategies.
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