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Incentive pay rewards employees for achieving defined goals. The company sets performance objectives at the beginning of the pay period and if these are achieved, employees receive a lump-sum payment. Incentive pay plans can be based on the performance of the individual, team, business unit or company. Company-wide incentive pay schemes include gainsharing and profit sharing. The ability of an individual to influence the outcome of the incentive pay plan declines as the group being measured grows larger. However, team-based incentive pay plans offer advantages to companies.
Statements:
Only Biscuit are Chocolate.
Only few Biscuit are Snacks.
All Snacks are Beverages.
Conclusion:
Some B...
Statements:
Only Phase are Dream.
No Phase is an Aspirant.
Only a few Officers are Aspirants.
No Officer is a Talent.
Statements:
Some Gold are Silver
All Silver are Bronze
Some Bronze are Copper
Conclusions:
I. Some Bronze ...
Statements:
Some Black are Red.
Some Red are White.
Only White is Green.
Conclusion:
I. All Black can be Gree...
Statements:
Some banks are lockers.
Some lockers are stores.
Some stores are panels.
Conclusions:
I. No ban...
Statements: No cow is a bull.
No bull is a goat.
Some g...
Statements:
All pearls are diamonds.
All diamonds are gold
All gold are silvers.
Statements: No book is a pen.
All copies are books.
All books are telephones.
No radio is a telephone.
Conclusions: I. ...
Statements:
Only a few Radio are Gramophone
No Gramophone are TV
Only a few TV is Recorder
Conclusions:
In the quest...
Statement:
Only a few Y are Z
No Y is X
No Z is V
Conclusion:
I. Some Y are not Z
II. Some X ar...