Likely Disadvantages of Person-Based Pay Plans Compared to Job-Based Include

question 71

Multiple Choice

Likely disadvantages of person-based pay plans compared to job-based include all of the following except:

• A) higher labor costs.
• B) a less flexible workforce.
• C) higher training costs.
• D) a smaller workforce.

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Definitions:

Coverage Of Insurance Policy

The specific risks, events, or damages that an insurance policy agrees to cover, including the limits and conditions.

Premium

The amount paid for an insurance policy, or the cost to acquire an option or financial instrument.

Declaratory Judgment

A court decision that resolves legal uncertainty for the parties involved, without requiring enforcement.

Liability Claim

A demand for compensation or remuneration made against an individual or entity responsible for causing harm or loss.