The Formal and Informal Performance-Based Rewards That Enhance Managerial Effort

question 35

Multiple Choice

The formal and informal performance-based rewards that enhance managerial effort toward organizational goals are referred to as

• A) feedback.
• B) evaluations.
• C) incentives.
• D) risks.

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Definitions:

Job Description

A detailed outline of the roles, duties, responsibilities, and qualifications required for a specific position within an organization.

Qualifications

The credentials, skills, or abilities required for a particular job or activity.

Commission Compensation

A form of payment to employees based on the amount of sales they generate, typically a percentage of the sales value.

Earnings

This term describes the amount of money that a company makes after paying all its costs and expenses.