The Purpose of A(n) _____ Is to Provide Managers with Incentives

question 45

Multiple Choice

The purpose of a(n) _____ is to provide managers with incentives for motivating employees as well as feedback on how the company performs.

• A) control system
• B) adaptive culture
• C) organizational design
• D) span of control
• E) hierarchy of authority

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Definitions:

Unrecorded Patents

Patents that an organization owns which have not been recorded in its financial statements.

Dividends

Payments made by a corporation to its shareholder members, usually derived from profits.

Outstanding Voting Common Stock

The shares of a company held by shareholders that are entitled to vote and are not held by the company itself.

Amortization

The process of gradually writing off the initial cost of an asset over a period, typically for intangible assets.