One of the Six Factors on Which the Ability of Rewards

question 43

True/False

One of the six factors on which the ability of rewards to motivate individuals or a team to high performance is durability.Durability means that some rewards last longer than others.

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Definitions:

Mark-up

The difference between the cost of a good or service and its selling price, expressed as a percentage over the cost.

Unit Cost

The expense associated with creating, storing, or purchasing a single unit of a product or service.

Retail Prices

The price at which goods and services are sold to the final consumer for personal use.

Mark-ups

Additional charges applied to the cost of products to accommodate for overhead costs and profit margins.