Businesses offer employees rewards in order to
A - HSC - SSCE Business Studies - Question 1 - 2023 - Paper 1
Question 1
Businesses offer employees rewards in order to
A. prevent the possibility of industrial action.
B. recognise the value of their effort to the business.
C. fulfil fed... show full transcript
Worked Solution & Example Answer:Businesses offer employees rewards in order to
A - HSC - SSCE Business Studies - Question 1 - 2023 - Paper 1
Step 1
A. prevent the possibility of industrial action.
96%
114 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
While preventing industrial action can be a reason for offering rewards, it is not the primary motivation behind them.
Step 2
B. recognise the value of their effort to the business.
99%
104 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
This is a key reason businesses offer rewards. Acknowledging employees' contributions helps to enhance motivation and engagement.
Step 3
C. fulfil federal government legislation requirements.
96%
101 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Although compliance with legislation is important, it is not the main reason for offering rewards.
Step 4
D. provide employees with an income to meet the costs of living.
98%
120 rated
Only available for registered users.
Sign up now to view full answer, or log in if you already have an account!
Answer
Providing income is essential, but rewards extend beyond just financial remuneration, encompassing recognition and motivation.