Business, 27.06.2019 19:50 ricky9938

For incentive pay to motivate employees to contribute to the organization's success, the pay plans must be well designed. which of the following statements describes a characteristic of a well-designed plan? a. performance measures are to be linked to the individual's goalsb. employees are given very broad performance goalsc. employees value the rewards or incentives that are being offeredd. employees are given limited resources to meet their goals

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Answer from: Kjcampbell2

C. Employees value the rewards or incentives that are being offered

Explanation:

Let's see the different options for answer...

A. Performance measures are to be linked to the individual's goals

No. Even if the performance measures should be linked to the individual's goals, just the mere existence of such KPI is not sufficient to motivate employees. There has to be some performance reward attached to it.

B. Employees are given very broad performance goals

No. To get a good performance and motivate employees, they must be given clear goals and objectives.

C. Employees value the rewards or incentives that are being offered

Yes. Even if you have good performance measurements, with realistic goals, the employees won't be motivated to reach those goals if the reward doesn't worth the effort.

D. Employees are given limited resources to meet their goals

No. They won't be motivated if they don't think they have the means to achieve those goals.

Answer from: Quest

The business cycle is the periodic but irregular up-and-down movement in economic activity, measured by fluctuations in real gross domestic product (gdp) and other macroeconomic variables. a business cycle is typically characterized by four phases—recession, recovery, growth, and decline—that repeat themselves over time. economists note, however, that complete business cycles vary in length. the duration of business cycles can be anywhere from about two to twelve years, with most cycles averaging six years in length. some business analysts use the business cycle model and terminology to study and explain fluctuations in business inventory and other individual elements of corporate operations. but the term "business cycle" is still primarily associated with larger (industry-wide, regional, national, or even international) business trends.

Answer from: Quest

answer; importance to people; or acceptance;

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