Because Employees May Feel That They Can Do Little to Influence

question 49

Multiple Choice

Because employees may feel that they can do little to influence the organization's overall profitability, ______ programs may have the least motivating impact on employees.

• A) skill-based
• B) informal reward
• C) profit-sharing
• D) flexible benefit

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Definitions:

Economic Efficiency

A situation where resources are allocated in a way that maximizes the production of goods and services.

Majority Voting

A decision-making process whereby a decision is made based on the preference of more than half of the members voting.

Public Good

This is a good that is non-excludable and non-rivalrous in consumption, meaning it can be used by everyone and one's use does not diminish another's.

Costs

The outlay or expenditure (monetary or otherwise) incurred by a business or individual in the process of producing or offering goods and services.