Discuss the Benefits and Costs of the Following Methods of Monitoring

question 64

Essay

Discuss the benefits and costs of the following methods of monitoring worker performance:
a.Hidden video cameras in the workplace.
b.Time clocks.
c.Paying workers based on the output they produce.

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Definitions:

Prone To Errors

Characterized by a higher likelihood or tendency to make mistakes or inaccuracies.

Temptation

An urge or desire to perform an action that may be beneficial in the short term but is generally considered unwise or detrimental to long-term goals.

Behavioral Economists

Economists who study the effects of psychological, cognitive, emotional, cultural, and social factors on the economic decisions of individuals and institutions and the consequences for market prices, returns, and resource allocation.

Decision Making

The process of making choices by identifying a decision, gathering information, and assessing alternative resolutions.