When Managers Are Compensated Based on the Achievement of Certain

question 54

Multiple Choice

When managers are compensated based on the achievement of certain objectives, the company is said to be paying a(n)

• A) Incentive
• B) Bonus
• C) Salary
• D) Post-retirement benefit

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Definitions:

Diffusion

The manner in which a novel concept is transmitted across designated networks over time within a community.

Process Innovations

Improvements or significant changes in the methods or procedures by which goods and services are produced or delivered.

Diffusion

A method where a new idea is spread via specific pathways over a period among individuals within a societal structure.

Substantial Diffusion

The wide and significant spread of ideas, practices, or innovations across a large population or area.