A Company Provides Wages to Its Employees Based on the Amount

question 69

Multiple Choice

A company provides wages to its employees based on the amount workers produce.The more employees produce,the more they earn.This type of plan is called:

• A) piecework rate plan.
• B) merit pay plan.
• C) Scanlon plan.
• D) profit sharing plan.
• E) standard hour plan.

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Definitions:

Evolutionary Perspective

An approach in various disciplines that examines how evolutionary theory explains human behaviors, traits, and societal structures.

Emotional Bond

A strong psychological connection between individuals, characterized by feelings of affection, loyalty, and attachment.

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An approach or techniques used by individuals to find and attract a partner for reproduction and long-term bonding.

Evolutionary Psychology

A theoretical approach in psychology that examines psychological structure from a modern evolutionary perspective.