The Many Kinds of Incentive Pay Fall into Three Broad

question 125

Multiple Choice

The many kinds of incentive pay fall into three broad categories: _____.

• A) incentives linked to individual,group,or organizational performance
• B) incentives linked to output,productivity,or quality of a product
• C) pay linked to goals,focus,or achievements of an organization
• D) pay related to base salary,bonus,and travel allowance
• E) incentives obtained in the form of company shares,gift coupons,and trial products

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Definitions:

Merchants

Individuals or businesses engaged in the trade of goods, services, or commodities for profit.

ATM Cards

Plastic cards issued by banks that allow customers to access their accounts and conduct transactions at automated teller machines.

Fraudulent Use

The illegal use or misrepresentation of something or someone's identity or resources for personal gain.

Bank's Responsibility

Obligations that banks have to ensure the security and confidentiality of their customers' personal and financial information, compliance with financial laws and regulations, and the prudent management of financial risks.