In order for a firm to have an effective incentive plan, there should be a clear relationship between employee effort and quantity or quality of output.

Name: In order for a firm to have an effective incentive plan, there should be a clear relationship between employee effort and quantity or quality of output.
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Question

Quizplus · Accepted Answer

It makes sense to use an incentive plan when there is a clear relationship between employee effort and the quantity or quality of output.

In Order for a Firm to Have an Effective Incentive