In Order to Motivate Its Managers and Employees, Fujitsu ________

question 20

Multiple Choice

In order to motivate its managers and employees, Fujitsu ________.

• A) tied pay to performance appraisals
• B) raised the incentive pay of managers
• C) significantly reduced managers' salaries
• D) eliminated all employees' stock options

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Definitions:

Equitable Assignment

An equitable assignment is the assignment or transfer of rights or interests in a property or contract to another party, recognized by equity and not necessarily by law.

Privity of Contract

A principle stating that only the parties involved in the contract have the rights and obligations under that contract.

Novation

The act of replacing an existing obligation with a new one, thereby extinguishing the original contract and creating a new agreement.

Statutory Assignment

refers to the legal transfer of rights from one party to another, based on statutory laws rather than contractual agreement.