An Incentive Is

question 46

Multiple Choice

An incentive is

• A) a reward or a penalty that encourages or discourages an action.
• B) when people make rational choices by comparing costs and benefits.
• C) what you must give up to get something.
• D) a choice is made on the margin.
• E) a good or service that satisfies wants.

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Definitions:

Defect Rate

The frequency at which errors or imperfections occur in a product, process, or service, typically expressed as a proportion of the total output.

Feedback Source

The origin, either a person or system, from which feedback is received.

Counseling Objective

Refers to the goals set within a therapeutic context aiming to guide the client towards resolution or improvement of their issues.

Positive Work Outcomes

The beneficial results generated from professional activities, including increased productivity, higher employee satisfaction, and improved company culture.