Asked by Gregory Norris on Sep 23, 2024
Verified
When designed appropriately, team-based incentives offer four major advantages when compared with individual incentive systems. Which of the following statements describes one of those advantages?
A) The performance of one group member can serve as a model, encouraging other team members to imitate successful behavior.
B) The mere presence of team members who have control over rewards evokes more vigorous and persistent behavior than is evidenced when individuals work alone.
C) The strength of the team-based incentive reward is increased since it is now paired with group-administered rewards such as praise and camaraderie.
D) The likelihood that peer pressure will evoke counterproductive control over behavior is reduced.
E) All of the above statements describe advantages inherent in the team-based incentive plans.
Team-Based Incentives
Reward systems designed to motivate groups of employees to work together towards common goals and improve overall team performance.
Individual Incentive Systems
Programs designed to motivate and reward employees based on their personal performance or achievements.
Reward Distribution
The method or strategy used by an organization to allocate rewards among employees, often based on performance, seniority, or other criteria.
- Identify the differences between compensation based on merit and rewards based on incentives.
- Appreciate the assortment of reward strategies employed within corporate settings.
Verified Answer
PC
priyanka chakraborty6 days ago
Final Answer :
E
Explanation :
All four statements are advantages of team-based incentive systems. The first statement describes how the performance of one team member can serve as a model for others to follow, leading to improved performance across the team. The second statement refers to the phenomenon of social facilitation, whereby the presence of others can increase motivation and effort. The third statement highlights the additional benefits of team camaraderie and support in reinforcing the effectiveness of rewards. Finally, the fourth statement suggests that team-based incentives can mitigate the negative effects of peer pressure by promoting positive group norms and accountability.
Learning Objectives
- Identify the differences between compensation based on merit and rewards based on incentives.
- Appreciate the assortment of reward strategies employed within corporate settings.