Enterprise incentive management systems enable firms to ________.
A) compare corporate incentive programs
B) accurately calculate sales commissions
C) manage performance appraisals for incentive purposes
D) efficiently administer employee incentive programs
E) create a matrix of merit awards and incentive options

Question

Quizplus · Accepted Answer

Enterprise incentive management systems help in efficiently managing and administering employee incentive programs. These systems streamline the process of calculating incentives, automating rewards, and tracking performance, thus increasing employee motivation and productivity. While these systems may also support comparing corporate incentive programs and managing performance appraisals for incentive purposes, their primary focus is on incentive program administration. Choice A and E are not relevant to the functions of incentive management systems. Choice B may be a benefit of using such systems, but it does not encompass all their functions.

Enterprise Incentive Management Systems Enable Firms to ________