Asked by
Riley Edwards
on Nov 18, 2024
Verified
Which of the following is a group or team-based incentive plan?
A) spot awards
B) production incentive plans
C) commissions
D) discretionary bonus plans
E) piecework
Group-Based Incentive Plan
A compensation strategy where rewards are based on the collective performance of a group, encouraging teamwork and shared goals.
Team-Based Incentive Plan
A reward system where workers are compensated based on the performance and achievements of their group or team.
- Identify the distinctions among several types of personal incentive programs and how they are applied.
Verified Answer
LP
Learning Objectives
- Identify the distinctions among several types of personal incentive programs and how they are applied.
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