Which of the Following Statements About Forms of Variable Pay

question 52

Multiple Choice

Which of the following statements about forms of variable pay is MOST accurate?

• A) Profit-sharing plans are also called piece-rate plans.
• B) Stock options are a category of job-sharing pay plans.
• C) Gain sharing is a motivational plan based on group productivity.
• D) Profit-sharing plans are based on the concept that intrinsic rewards are more motivating than extrinsic rewards.

Grasp the conditions under which an offer can terminate.

Distinguish between valid and defective acceptances.

Recognize the differences and importance of intent and terms in contract formation.

Analyze the specifics of offer, acceptance, and agreement in a variety of contract contexts.

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