Which of the Following Is True About Home-Based Businesses

question 23

Multiple Choice

Which of the following is true about home-based businesses?

• A)Over 2/3 of all home-based businesses are owned by minority males.
• B)Home-based businesses tend to focus on blue-collar,lower skill industries.
• C)The growth of technology has significantly slowed the growth of home-based businesses.
• D)The average home-based business earns over $60,000 a year.

---

Definitions:

Bonus Pay Plan

A compensation strategy where employees receive additional pay based on performance, often aimed at incentivizing higher productivity.

Incentive Compensation

Incentive compensation is a form of payment designed to motivate and reward employees' performance, often tied to achieving specific goals or benchmarks.

Quarterly Performance

The assessment of an organization's, team's, or individual's work results and achievements over a three-month period.

Merit Pay

Awards pay increases in proportion to performance contributions.