Examlex
Which of the following statements is TRUE?
Incentive System
An incentive system is a business tool that uses rewards and penalties to motivate employees to achieve specific objectives and improve performance.
Employment Stability
The assurance of consistent work and income for employees, contributing to job satisfaction and loyalty.
Follow Demand
Adapting production and inventory levels to meet current demand trends to minimize surplus and shortages.
Keep Demand
Strategies or practices employed to maintain or increase the desire for products or services among consumers or clients.
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