Discuss characteristics of the most effective type of contingent pay plan in an organization with an involvement culture. Give examples
What will be an ideal response?
The most effective type of contingent pay plan in an organization with an involvement culture is geared less toward specific, observable measures of performance, and more geared toward group results. For example, profit sharing and skill-based pay, where employees are paid rewards based on new knowledge and skills that are beneficial to the organization, would be effective.
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Direct mail is a primary tool for promoting Internet websites and online sales
Indicate whether the statement is true or false
Well managed companies rarely reach the decline stage because
A) the world's population is growing. B) they continuously develop new products to meet the needs of changing markets. C) consumers remain loyal to established brands. D) all of the above.