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Author Question: A ________ plan distributes compensation based on some established formula designed around revenue ... (Read 31 times)

silviawilliams41

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on: Jul 6, 2018
A ________ plan distributes compensation based on some established formula designed around revenue of the company.
 
  A) piece-rate
  B) merit-based
  C) skill-based
  D) profit-sharing
  E) competency-based

Question 2

Which of the following statements is true regarding an informal communication channel?
 
  A) It traditionally follows the authority chain within the organization.
  B) It generally transmits messages related to the professional activities of members.
  C) It is established by the organization.
  D) It is generally used for communicating personal or social messages.
  E) Information regarding change in the policies of the organization is transmitted through it.
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cam1229

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Reply #1 on: Jul 6, 2018
Answer to Question 1

D
Explanation: D) A profit-sharing plan distributes compensation based on some established formula designed around a company's profitability.

Answer to Question 2

D
Explanation: D) Formal channels are established by the organization and transmit messages related to the professional activities of members. They traditionally follow the authority chain within the organization. Other forms of messages, such as personal or social, follow informal channels, which are spontaneous and emerge as a response to individual choices.


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silviawilliams41

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Reply #2 on: Jul 6, 2018
Thank you :)


cam1229

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Reply #3 on: Jul 6, 2018
Happy to help you


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