The Primary Objectives of Organizational Incentive Systems Includes All of the Following

question 59

Multiple Choice

The primary objectives of organizational incentive systems includes all of the following EXCEPT

• A) to attract competitive employees.
• B) to retain productive employees.
• C) to increase organizational performance.
• D) to improve employee morale.

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Definitions:

Antitrust Laws

Legislation enacted to prevent anti-competitive practices, promote fair competition, and protect consumers from monopolies and cartels.

Illegal

Activities or actions that are forbidden by law and subject to criminal penalties or fines.

Fixing Prices

Illegally setting the price of goods or services, rather than allowing them to be determined naturally through free-market competition.

Economic Competition

The situation in which different companies or entities vie for the same customers or market share in an industry, influencing prices, product quality, and innovation.