An advantage of merit pay is that:
A. it makes the reward more valuable by relating it to economic conditions.
B. it promotes group performance instead of promoting individual behavior.
C. it provides merit increases to employees only on the basis of performance.
D. it would never become costly for the employers.
E. it results in a bigger short-term reward for the best performers.
Answer: A. it makes the reward more valuable by relating it to economic conditions.
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Based on the criteria for evaluating secondary data shown in Table 4.2 in the text, the data collected by Nielsen Media Research may be suspect because of all of the following criteria except ________
A) specification/methodology B) error/accuracy C) objective D) dependability
What does Wolfson mean when he says: "You get paid in yield to take on negative convexity"?
What will be an ideal response?