Which of the Following Bases Its Reward on Historical Performance

question 22

Multiple Choice

Which of the following bases its reward on historical performance?

• A)Piece-rate pay plan.
• B)Merit-based pay plan.
• C)bonus pay plan.
• D)Profit-sharing plan.

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Definitions:

Grapevines

Informal channels of communication within an organization, often characterized by the unofficial spread of information.

Media Richness

The theory that describes the capacity of a given communication medium to effectively convey information and promote understanding.

Face-To-Face Communication

Direct interaction between individuals through verbal and non-verbal means in the same physical location.

Core Values

Fundamental beliefs or principles that guide an individual's or organization's actions and decision-making.