A Measure Frequently Used to Evaluate the Performance of the Manager

question 45

Multiple Choice

A measure frequently used to evaluate the performance of the manager of an investment center is

• A) the amount of profit generated.
• B) the rate of return on funds invested in the center.
• C) the percentage increase in profit over the previous year.
• D) departmental gross profit.

Recognize the role and impact of incentives and behavioral control in organizational management.

Identify the challenges and benefits associated with virtual and spatial organizations.

Analyze the significance and application of modular design in product development.

Understand the employment status and roles of contract employees within an organizational context.

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Definitions:

Income Distribution

The way in which total income is shared among the population or different groups within society.

Lowest Quintile

The segment of a population that falls into the bottom 20% based on income or another measurable characteristic.

Income Distribution

The way in which total income is shared among the population or different segments of an economy.

Lorenz Curve

A graphical representation used in economics to show the distribution of income or wealth within a society, illustrating levels of inequality.