Which of the following management controls and compensation policies is consistent with implementing cost leadership? With product differentiation? With both cost leader-ship and product differentiation? With neither cost leadership nor product differentiation?
(a) Firm-wide stock options
(b) Compensation that rewards each function separately for meeting its own objectives
(c) A detailed financial budget plan
(d) A document that describes, in detail, how the innovation process will unfold in a firm
(e) A policy that reduces the compensation of a manager who introduces a product that fails in the market
(f) A policy that reduces the compensation of a manager who introduces several products that fails in the market
(g) The creation of a purchasing council to discuss how different business units can reduce their costs.