Which of the Following Forms of Payment Is NOT an Incentive

question 95

Multiple Choice

Which of the following forms of payment is NOT an incentive plan?

• A) Commission plans for salespeople
• B) Paying waitresses low wages, but allowing them to collect tips
• C) Bonuses for managers that increase with profits
• D) Straight hourly wages for construction workers

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Definitions:

Stockholders

Individuals or entities that own shares in a corporation, giving them ownership stakes and sometimes the right to vote on corporate matters.

Social Responsibility

The idea that businesses should contribute to the welfare of society and not be solely focused on maximizing profits.

Stakeholder Responsibility

The obligation of organizations to consider the interests and well-being of all individuals or groups affected by their actions.

Profit Responsibility

An obligation companies bear to generate financial gains for their shareholders, ensuring the organization's economic viability and growth.