Final answer:
Incentive systems and recruitment practices are important aspects of business. Incentive systems motivate employees, while recruitment practices attract talented individuals to join the organization.
Step-by-step explanation:
Incentive systems are a crucial aspect of business practices. They are designed to motivate employees and influence their behavior towards achieving organizational goals. Recruitment practices, on the other hand, focus on attracting qualified individuals to join the organization.
For example, a company may implement a performance-based incentive system where employees earn bonuses or commissions for meeting or exceeding their targets. This creates a strong incentive for employees to work hard and perform well.
Similarly, recruitment practices such as offering signing bonuses or competitive salaries can incentivize talented individuals to join the organization.