Training and flexible hours are a part of the _____ strategy used to control money that is expected to leave the firm.

Question

Quizplus · Accepted Answer

Providing training and flexible hours can be offered as noncash incentives to employees in exchange for accepting lower salaries or delaying their pay, thus controlling the outflow of money from the firm. Trade discounts are given to customers as an incentive to purchase more goods or services, bartering involves direct exchange of goods or services without any use of money, and gaming payments involve using a virtual currency or tokens for transactions within a game or app environment. These strategies are not used to control external cash outflows from a firm.

Training and Flexible Hours Are a Part of the _____