Describe the advantages and disadvantages of individual incentives.
What will be an ideal response?
Individual incentives make it easy to evaluate each individual employee; they provide the ability to choose rewards that match employee desires; they promote a link between performance and results; and they may motivate less productive workers to work harder. Disadvantages include the fact that many jobs have no direct outputs, making it hard to identify individual objectives; we may motivate undesirable behaviors; there is a higher record-keeping burden than in group incentives; and individual rewards may not fit in the organizational culture.
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Fill in the blank(s) with correct word
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Indicate whether the statement is true or false
Neighborly Insurance Company and Ollie put their agency agreement into a written document that describes the rights and duties of both parties. Ollie, as the agent, has
A. apparent authority. B. equal authority. C. express authority. D. implied authority.
For a given level of significance, if the sample size increases, the probability of a Type II error will:
a. remain the same. b. increase. c. decrease. d. be equal to 1.0 regardless of ?.