A/an ____ Is an Indirect Reward Given to an Employee

question 103

Multiple Choice

A/an ____ is an indirect reward given to an employee or group of employees because they are members of the organization.

• A) incentive
• B) bonus
• C) benefit
• D) motivator

Comprehend the importance of quality management standards like ISO certification in modern organizations.

Understand the concept and importance of knowledge management within organizations.

Recognize the role of management in ensuring efficient organizational operations through careful planning, coordination, and control.

Understand the principles and implications of bureaucratic organization.

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Definitions:

Expanding Operations

The process of increasing a company's scope of activities, which can involve entering new markets, launching new products, or increasing production capacity.

Liquidation

The process of closing a business and distributing its assets to claimants, typically when a company is insolvent.

Sells Assets

Involves the process of disposing of or selling off physical or intangible assets by a company or individual.

Vertical Integration

The expansion of a business by acquiring or establishing control over different stages of its production or distribution processes.