At Esco Retail, All Employees Are Constantly Driven to Work

question 111

Multiple Choice

At Esco Retail, all employees are constantly driven to work hard. The company places maximum emphasis on stocking high quality goods and providing high quality service to retain the edge they have in the retail industry. To promote organizational commitment further, employees are incentivized by enabling them to purchase company shares at below-market prices as a part of their benefits. This mode of providing incentives represents the use of ________.

• A) flexible benefits plans
• B) merit-based plans
• C) modular plans
• D) employee stock ownership plans
• E) core-plus plans

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Definitions:

Personality Traits

Enduring characteristics that describe an individual's behavior, thoughts, and emotions.

Values

Core beliefs or standards that guide behavior and decision-making, both at an individual and organizational level.

Utilitarianism

This is an ethical theory that posits the best action is the one that maximizes utility, usually defined as that which produces the greatest well-being of the greatest number of people.

Schwartz's Values Model

Is a theory that identifies universal values that influence people's behavior and categorizes them into a system that explains human motivation.