Which of the following makes a promotion tournament (where the winner gets a large prize,such as a promotion) an effective method for motivating workers?
A) Contestants must cooperate with each other to make the firm productive.
B) The person who wins gets a prize equal to how much better they are than others.
C) It is uncertain as to who will win.
D) There are many persons competing for the prize.
Correct Answer:
Verified
Q29: Which of the following factors will favor
Q30: Which of the following would NOT (even
Q31: Students in a 100 person class agree
Q32: The best way to align the interest
Q33: Assume the following is true: in the
Q35: Golf tournaments are promotion tournaments where the
Q36: In a perfectly competitive economy,workers are well-informed
Q37: In a promotion tournament model,the salary of
Q38: A firm penalizes workers who take excessive
Q39: An employer and a worker,if both are
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents