Which of the Following Terms Refers to Plans That Put

question 31

Multiple Choice

Which of the following terms refers to plans that put some portion of the employee's weekly pay at risk,subject to the firm's meeting its financial goals?

• A) at-risk variable pay plan
• B) at-risk incentive plan
• C) variable risk sharing plan
• D) at-risk gainsharing plan
• E) employee at-risk plan

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Definitions:

Self-Fulfilling Prophecy

A prediction that directly or indirectly causes itself to become true, due to positive feedback between belief and behavior.

McGregor

Refers to Douglas McGregor's Theory X and Theory Y, which describe two contrasting models of workforce motivation and management.

Theory X

Assumes people dislike work, lack ambition, are irresponsible and prefer to be led.

Bureaucracy

An organizational structure characterized by formal rules and regulations, a clear hierarchy, and detailed procedures and protocols.