Which of the Following Statements Is True Regarding Employee Recognition

question 17

Multiple Choice

Which of the following statements is true regarding employee recognition?

• A) Employee recognition is an extrinsic reward.
• B) Critics argue that employee recognition programs are highly susceptible to political manipulation by management.
• C) Employee recognition programs are expensive.
• D) Nonfinancial incentives such as recognition are more motivating in the short term but in the long run financial incentives are more motivating.
• E) Employee stock option is a more powerful workplace motivator than recognition.

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Definitions:

Breach Of Contract

Occurs when one party fails to fulfill their obligations under a contract, leading to legal consequences for the defaulting party.

Contract Price

The total financial compensation agreed upon by all parties involved in a contract for the sale, purchase, or delivery of goods or services.

Market Price

The present cost for purchasing or selling an asset or service in a specific market.

Consequential Damages

Special damages that compensate for a loss that is not direct or immediate (for example, lost profits). The special damages must have been reasonably foreseeable at the time the breach or injury occurred in order for the plaintiff to collect them.