The Two Most Commonly Used Team Incentive Performance Standards Are

question 15

Multiple Choice

The two most commonly used team incentive performance standards are:

• A) productivity and quality.
• B) productivity and customer satisfaction.
• C) financial performance and quality.
• D) customer satisfaction and financial performance.

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Definitions:

Product Demand

The total quantity of a product or service that consumers are willing and able to purchase at various prices during a specified time period.

Counterseasonal Products

Products whose demand peaks in the opposite season of their primary market or usage period.

Aggregate Planning Horizon

The timeframe over which a company plans its overall production output, inventory levels, and workforce size to meet forecasted demand.