FDS is a government agency which holds its yearly appraisals in December and provides employees with merit-based incentives based on their individual performance ratings

Merit is the only criterion for incentives at FDS and this is likely to have a strong positive impact on group performance.
Indicate whether the statement is true or false

FALSE
Explanation: Individual performance evaluations and incentives may interfere with the development of high-performance teams. So, in addition to evaluating and rewarding employees for their individual contributions, performance rewards must recognize and promote group performance through incentive programs like gainsharing.

Business

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What is the benefit for a firm with daily sales of $30,000 to be able to speed up collections by three days, assuming an 8 percent annual opportunity cost of funds?

A) $7,200 annual benefit B) $7,200 daily benefit C) $30,000 annual benefit D) $90,000 annual benefit

Business

The coming and going rule says that a principal is generally not liable for injuries caused by its agents and employees while they are on their way to or from work

Indicate whether the statement is true or false

Business