Which of the following types of incentive plans are used to reward individual performance?
A) Gainsharing
B) Merit pay
C) Scanlon plan
D) Profit sharing
E) Stock ownership

Name: Which of the following types of incentive plans are used to reward individual performance? A) Gainsharing B) Merit pay C) Scanlon plan D) Profit sharing E) Stock ownership
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Question

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Organizations may reward individual performance with a variety of incentives such as merit pay, piecework rates, sales commission, and so on.

Which of the Following Types of Incentive Plans Are Used