Which Reward System Would Be Appropriate to Reward an Individual's

question 141

Multiple Choice

Which reward system would be appropriate to reward an individual's performance when managers can measure performance objectively,employee turnover is high and there is a consensus on work goals?

• A) flexible benefits plan
• B) profit-sharing plan
• C) skill-based pay
• D) none of these are appropriate

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Definitions:

Profit Margin

A financial metric that measures the percentage of profit a company retains after deducting its expenses from its total revenue.

Current Liabilities

Financial obligations a company owes and is due within a year.

Dividend Payout Ratio

The proportion of a company's earnings paid out to shareholders as dividends, often expressed as a percentage of net income.

Sales Increase

The growth in revenue or number of units sold over a specific period, often used as a measure of business performance.