Which of the Following Is NOT a Characteristic of a Successful

question 115

Multiple Choice

Which of the following is NOT a characteristic of a successful incentive pay plan?

• A)clear and realistic goals
• B)regular communication with employees about the incentive plan
• C)complex and comprehensive rules
• D)simplicity
• E)consistency with the organization's existing goals

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Definitions:

Regressive Tax

A tax imposed in such a manner that the tax rate decreases as the amount subject to taxation increases.

Regressive Income Tax

A tax system where the tax rate decreases as the taxable amount increases, placing a higher relative burden on low-income earners.

Efficiency

The optimal allocation of resources to ensure the best possible outcome or output.

Equity

Refers to fairness and justice in the distribution of resources and opportunities.