Understanding the Purpose of Financial Incentives Quiz
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Questions and Answers

What is the main purpose of a financial incentive?

  • To discourage employees
  • To reduce company costs
  • To motivate employees (correct)
  • To increase company profits

    • A financial incentive can be used to:

  • Decrease company profits
  • Increase employee performance (correct)
  • Decrease employee morale
  • Increase company costs

    • Which of the following is not a purpose of a financial incentive?

  • Reducing company costs (correct)
  • Increasing company profits
  • Increasing employee performance
  • Motivating employees

    • What is the main purpose of a financial incentive?

    <p>To encourage certain behaviors</p> Signup and view all the answers

    What is not a purpose of a financial incentive?

    <p>To reward for past mistakes</p> Signup and view all the answers

    Which of the following is a common use of financial incentives?

    <p>To encourage better performance</p> Signup and view all the answers

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