Multiple Choice
An organization wants to provide its employees information about what its goals are and what it expects employees to accomplish.It is planning to implement an incentive plan that helps employees understand the organization's goals.Which of the following should be used by this organization?
A) Profit sharing plan
B) Piecework rates
C) Merit pay system
D) Scanlon plan
E) Balanced scorecard
Correct Answer:

Verified
Correct Answer:
Verified
Q27: What is the drawback of stock ownership
Q73: Under profit sharing, payments are a percentage
Q74: Generally,team awards do not use cost savings
Q75: Which of the following is a short-term
Q76: Merit pay incentive system is usually used
Q77: Why do organizations use profit sharing?<br>A) It
Q78: An effective incentive pay plan should:<br>A) have
Q80: An organization should always communicate with employees
Q82: Piecework rate plans are most suited for
Q92: What are the different types of incentive