Which of the Following Statements Regarding Incentive Systems Is FALSE

question 27

Multiple Choice

Which of the following statements regarding incentive systems is FALSE?

• A)Bonuses are often used at the executive levels.
• B)About half of all American manufacturing firms use productivity incentives.
• C)Profit-sharing systems provide some part of the profit for distribution to employees.
• D)The Scanlon plan is based on team productivity.
• E)Increasing use of cross-training has led to increasing use of knowledge-based pay systems.

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Definitions:

Avoid Redundancy

The practice of eliminating unnecessary repetition or overlap in speech or writing to achieve clarity and efficiency.

Telegraphic Language

A concise and efficient form of communication using short and simple phrases, often utilized in telegraphic messages or in contemporary texting and messaging.

Subordination

The process of ranking various ideas or elements in a written document or speech to show their relative importance.

Correspondence

The exchange of messages or documents between individuals or organizations, often through letters, emails, or other forms of communication.