The Following Is an Example of Which Type of Reward

question 94

Multiple Choice

The following is an example of which type of reward system? A teacher writes a personal note to all students who received an A in his class and mailed these to the students' homes.

• A) skill-based pay
• B) flexible benefit plans
• C) informal reward programs
• D) cafeteria plans

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Definitions:

Intellectual Capital

The collective knowledge, skills, and innovative potential possessed by an organization's employees that can be leveraged to create value.

Stock Of Knowledge

The accumulated body of facts, information, and skills that an individual or society possesses, which is built over time through experience and education.

Open System Organizations

Organizations that interact with their environment, adapting and evolving in response to external inputs and changes.

External Environment

The factors outside an organization that can influence its operation, including economic, political, technological, and social conditions.