Importance of basing incentives on achieving outcomes
Are the basing incentives on achieving outcomes important?
Expert
The significance of basing incentives on achieving outcomes, not on performing assigned functions:
To make a strategy-supportive system of incentives and rewards, an organization must highlight rewarding people for accomplishing outcomes, not for just dutifully performing assigned functions.
Core Concept:
It is madness to reward one result in hopes of getting another result.
Why are companies within outside markets expanded?
what are the advantages and disadvantages for the rate of return method and competitive methods for pricing techniques?
what is managerial implication and societal implications?
Write a short note on the disadvantages of the physical inspection?
Define the Cutting Costs.
Illustrate the benefits of franchising a restaurant? Describe in brief.
Briefly describe the meaning of marketing organization?
What do you mean by the term Development Communication? Describe in brief.
What is a descriptive example of the difference between activity-based cost accounting and traditional cost accounting?
How can we make Departmentation?
18,76,764
1939548 Asked
3,689
Active Tutors
1413409
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!