Which of the Following Statements Regarding Performance Incentives Is True

question 43

Multiple Choice

Which of the following statements regarding performance incentives is true?

• A)Employees tend to hold onto stock options rather than sell them.
• B)Merit pay is a successful program because employees recognize they will be rewarded only if performance increases.
• C)Profit sharing is very effective in tying individual pay to employee effort.
• D)Companies are increasingly choosing to implement team- or group-based pay-for-performance programs over individual-based pay-for-performance programs.

---

Definitions:

Strategic Marketing Process

A methodical approach involving the planning, execution, and evaluation of marketing strategies to achieve business goals and satisfy consumer needs.

Corrective Action Memos

Written documents issued to address and remedy a problem identified in organizational processes or employee performance.

Action Memos

Internal documents used within organizations to prompt recipients to take specific, outlined actions.

Trend Reports

Documents or analyses that summarize the latest changes, patterns, or developments in a particular industry, market, or area of interest.