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ElenaW [278]
3 years ago
13

A ________ pay plan pays for individual performance based on performance appraisal ratings.

Business
1 answer:
Amanda [17]3 years ago
3 0

Answer:

B) merit-based

Explanation:

The merit based in the plan that depends upon the performance of the employees in an annual year. It could be analyzed by the supervisor or the team leader who motivates him, guides him to accomplish the company objective.

Therefore according to the given situation,  option B is correct

And all other options are wrong

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The option of saving money that offers the most liquidity is a piggy bank. (option C)

<h3>What is liquidity?</h3>

Liquidity can be described as the ease with which an asset can easily be converted to cash. Paper currency and coins is the most liquid assets. Real estate is illiquid because it takes a long time for a real estate asset (e.g a house) to be sold and proceeds converted to cash.

Liquid assets earn less returns when compared with assets that are less liquid. This is because illiquid assets earn an illiquidity premium. An illiquidity premium compensates holders for holding an illiquid asset.

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