Question : Direct financial payments includes which of the following?
Option 1: Wages
Option 2: Salaries
Option 3: Incentives
Option 4: All of the above
Correct Answer: All of the above
Solution : Direct financial payments includes wages, salaries, incentives or commissions. They can be either time based or performance based.
Hence option D is correct.
Question : Compensation of employs includes the following-
Option 1: Wages and salaries in cash
Option 2: Wages and salaries in kind
Option 3: Employers contribution to social security scheme.
Option 4: All of the above.
Question : Which one of the following is a component of profit?
Option 1: Corporate tax
Option 3: Mixed income
Question : ___________ refers to all measures, which are used to motivate people to contribute more efficiently.
Option 1: Financial incentives
Option 2: Non-financial incentives
Option 4: Supervision
Question : It refers to incentive for the work which can’t be calculated in terms of money.
Question : Organisational objectives includes which of the following?
Option 1: Survival
Option 2: Profit
Option 3: Growth
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