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Question 20/49
What type of incentives include appreciation, status, and professional development?
Correct Answer: D
Non-Economic incentives are non-financial rewards that motivate individuals by offering recognition, career growth, and personal fulfillment.
* Examples of Non-Economic Incentives:
* Appreciation: Public acknowledgment or awards for achievements.
* Status: Titles, promotions, or roles that elevate an individual's standing.
* Professional Development: Opportunities for learning, training, and career advancement.
* Why Other Options Are Incorrect:
* A: Economic incentives involve direct financial rewards.
* B: Contractual incentives pertain to obligations within formal agreements.
* C: Personal incentives focus on individual preferences but are not synonymous with non- economic incentives.
References:
* OCEG GRC Capability Model: Highlights non-economic incentives in promoting employee satisfaction.
* Employee Engagement Strategies: Discuss non-financial motivators like recognition and development.
* Examples of Non-Economic Incentives:
* Appreciation: Public acknowledgment or awards for achievements.
* Status: Titles, promotions, or roles that elevate an individual's standing.
* Professional Development: Opportunities for learning, training, and career advancement.
* Why Other Options Are Incorrect:
* A: Economic incentives involve direct financial rewards.
* B: Contractual incentives pertain to obligations within formal agreements.
* C: Personal incentives focus on individual preferences but are not synonymous with non- economic incentives.
References:
* OCEG GRC Capability Model: Highlights non-economic incentives in promoting employee satisfaction.
* Employee Engagement Strategies: Discuss non-financial motivators like recognition and development.
- Question List (49q)
- Question 1: How is the efficiency of the LEARN component measured in ter...
- Question 2: What is the role of indicators in measuring progress toward ...
- Question 3: What is the relationship between the internal context and th...
- Question 4: How is the level of assurance determined in relation to obje...
- Question 5: What are some examples of technology factors that may influe...
- Question 6: What are leading indicators and lagging indicators?...
- Question 7: What is a potential limitation of using qualitative analysis...
- Question 8: What type of policy provides instructions on what actions sh...
- Question 9: What is the primary responsibility of the Fourth Line in the...
- Question 10: What types of actions and controls are included in the PERFO...
- Question 11: What is the difference between a mission and a vision?...
- Question 12: What is the purpose of implementing incentives in an organiz...
- Question 13: What is the difference between an organization that is being...
- Question 14: What is the significance of evaluating costs and benefits du...
- Question 15: Why is it essential to ensure that every issue or incident i...
- Question 16: What are beliefs, and how do they influence behavior within ...
- Question 17: What role do mission, vision, and values play in the ALIGN c...
- Question 18: How do GRC Professionals apply the concept of 'maturity' in ...
- Question 19: Who has ultimate accountability (plenary accountability) for...
- Question 20: What type of incentives include appreciation, status, and pr...
- Question 21: What is the term used to describe the level of risk in the a...
- Question 22: What are norms?
- Question 23: What is the role of sensemaking in understanding the interna...
- Question 24: What is the difference between an organization's mission and...
- Question 25: What does the initialism GRC stand for?...
- Question 26: How can an organization evaluate the adequacy of current lev...
- Question 27: What is the purpose of implementing policies within an organ...
- Question 28: What is the difference between an organization's mission and...
- Question 29: How does Benchmarking contribute to the improvement of a cap...
- Question 30: Why is continual improvement considered a hallmark of a matu...
- Question 31: Culture is difficult or even impossible to "design" because:...
- Question 32: Which of the following reflects what the learner will be abl...
- Question 33: In the context of Total Performance, what considerations are...
- Question 34: What is the purpose of using the SMART model for results and...
- Question 35: How can inquiry be conceptualized in terms of information-ga...
- Question 36: GRC Professionals, known as "Protectors," work to achieve a ...
- Question 37: What is the duality of compliance, and how does it relate to...
- Question 38: Why is it necessary to provide timely disclosures about the ...
- Question 39: What does it mean for an organization to "reliably achieve o...
- Question 40: What are some considerations to keep in mind when attempting...
- Question 41: How can the Code of Conduct serve as a guidepost for organiz...
- Question 42: In the context of uncertainty, what is the difference betwee...
- Question 43: How does the GRC Capability Model define the term "enterpris...
- Question 44: In the context of Total Performance, how is responsiveness m...
- Question 45: What is the difference between reasonable assurance and limi...
- Question 46: Which Critical Discipline of the Protector Skillset includes...
- Question 47: What are some examples of economic incentives that can be us...
- Question 48: What is the term used to describe the outcome or potential o...
- Question 49: What is the role of continuous control monitoring in the con...
