______ is a compensation scheme in which payment is based on relative performance.
A) Piece rate
B) Wage rate
C) A tournament
D) A competition

Question

Quizplus · Accepted Answer

A tournament is a type of compensation scheme in which payment is based on relative performance. In a tournament, employees compete against each other, and the top performers are rewarded with higher compensation. This type of scheme encourages employees to work harder and perform better, as they are competing against their colleagues for rewards.

______ Is a Compensation Scheme in Which Payment Is Based