The Term(s )Which Refer(s) to a Global Incentive That Encourages

question 81

Multiple Choice

The term(s ) which refer(s) to a global incentive that encourages employees to contribute to the overall financial well-being is(are) called

• A)Bonuses
• B)Demotion
• C)Profit sharing
• D)Gain sharing

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Definitions:

Economic Person

A concept in economics and sociology that describes an individual who acts in a rational manner, making decisions based on maximizing personal financial gain.

Rational Decisions

Choices made based on logical reasoning, where alternatives are objectively evaluated based on facts and a clear understanding of goals.

Economic Gain

The benefit or profit derived from engaging in economic activities or investments.

Programmed Solution

Predetermined responses or solutions to routine problems or issues.