Asked by Sadie Brown on Jul 05, 2024
Verified
In which condition is it an advantage when group incentives encourage competition between groups of employees?
A) when concern for costs obscures customer service
B) when groups try to outdo one another in satisfying customers
C) when competition replaces cooperation to meet company goals
D) when competition for sales obscures the importance of ethical behavior
E) when performance goals consider only one objective, such as sales growth
Group Incentives
Compensation or rewards offered to a group of employees for achieving or surpassing predetermined goals as a unit.
Competition
The rivalry among businesses to attract customers, which can drive innovation and improve quality and service.
Cooperation
Cooperation is the collaborative effort of individuals or groups to achieve a common goal, characterized by mutual assistance and the sharing of resources or responsibilities.
- Identify circumstances where group incentives and competition are beneficial.
Verified Answer
Learning Objectives
- Identify circumstances where group incentives and competition are beneficial.
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