After a Very Successful Year When the Firm Exceeded Targeted

question 178

Multiple Choice

After a very successful year when the firm exceeded targeted earnings levels by 10 percent,the CEO of Bain Industries decided to give each employee extra pay equal to 10 percent of what they earned for the year.Bain is using a plan called

• A) merit salary.
• B) pay-for-knowledge.
• C) profit-sharing.
• D) gain-sharing.
• E) pay-for-performance.

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Definitions:

Obedience

The act of following orders or directives from authority figures, sometimes regardless of personal conscience.

Shock Levels

The varying intensities of electrical shock used in experiments or medical therapy, often to study pain response or to treat certain conditions.

Teachers

Educators who instruct, guide, and facilitate learning for students, impacting their intellectual and social development.

Original Obedience Experiment

A study conducted by Stanley Milgram to assess people's willingness to obey authority figures, even when it involves harming others.