LAGGARDS or NON-ADOPTERS

question 287

Multiple Choice

LAGGARDS or NON-ADOPTERS:

• A) are usually the smallest businesses with the least specialization.
• B) tend to be older and less well educated.
• C) rely mainly on other laggards for information.
• D) are suspicious of new ideas.
• E) All of these are correct for LAGGARDS.

---

Definitions:

Profit Sharing

An employee benefit scheme where a portion of a company's profits is distributed to the employees, strengthening their investment in the company's success.

Pay-for-Knowledge

A compensation strategy that rewards employees for acquiring and utilizing additional skills or knowledge that contribute to their job performance and organizational success.

Job Evaluation

The process of determining the relative value and importance of jobs within an organization to establish fair compensation levels.

Base Pay

The initial rate of compensation an employee receives, not including overtime, bonuses, or other additional payments.