Why is it useful for organizations to think in terms of designing a mix of programs rather than choosing one overall compensation program? Give examples.
What will be an ideal response?
Every pay program has its advantages and disadvantages. For example, relying exclusively on merit pay or individual incentives may result in high levels of individual motivation but unacceptable levels of individualistic and competitive behavior at the expense of broader organizational goals. Relying too heavily on profit-sharing and gainsharing plans may improve the degree of cooperation and concern for organizational goals but may also reduce individual work motivation levels. However, a particular mix of programs that fits the situation at hand could contribute to acceptable performance on a broader range of performance dimensions.
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In contracts involving a carrier, a seller can complete performance through a shipment contract or a destination contract.?
Indicate whether the statement is true or false
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