Which of the Following Statements About Developing Reward System Is

question 22

Multiple Choice

Which of the following statements about developing reward system is incorrect?

• A) The key benefit of a profit sharing plan is to encourage employees to think like owners.
• B) The key benefit of gain sharing plan is to introduce equity, ensuring the employees who contribute to the business can get a share of the gains.
• C) The key benefit of an employee share plan is to reduce free-riding problems.
• D) The key benefit of an individual-based incentive system is to highlight improved expectancy and instrumentality.

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Definitions:

Average Property Tax

The typical amount levied on real estate by a government authority, calculated as a percentage of assessed property value and averaged across similar properties or regions.

Sales Volume

The number of units of a product sold in a given period, often used to measure the business activity level.

Property Taxes

Taxes levied by local governments on the value of real estate property owned by individuals or companies.

Sunk Cost

Expenses that are already spent and cannot be retrieved or changed by any future activities.