Which of the Following Is Not True of Lump-Sum Bonuses

question 51

Multiple Choice

Which of the following is not true of lump-sum bonuses?

• A) They help maintain competitive pay position relative to competitors.
• B) They are less expensive than merit pay.
• C) Employees dislike them.
• D) They are a more visible reward than merit pay.

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Definitions:

Checking Accounts

Bank accounts that allow for both deposits and withdrawals, typically used for day-to-day financial transactions.

Focus Group

A research method where a small, diverse group of people whose reactions are studied especially in response to new products or policies.

Promotional Campaigns

Marketing strategies designed to increase awareness, interest, and sales of a product or service through various communication channels and activities.

Income

Earnings received by an individual or entity, typically in the form of wages, salaries, or revenue from investments.