If You Were a Campaign Advisor for a Presidential Candidate

question 57

Essay

If you were a campaign advisor for a presidential candidate who had just won his party's nominating convention, what advice would you give for how to win the general election?

Analyze the suitability of different incentive plans for various types of jobs and employee roles.

Appreciate the impact of incentive plans on employee motivation and organizational success.

Understand how incentive pay can be linked to performance appraisals.

Recognize the role of employee's perception in the effectiveness of incentive pay plans.

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Definitions:

Personally Liable

A situation where an individual is responsible for a debt or obligation from their own assets, rather than the liability being limited to business or corporate assets.

Public Corporation

A company whose shares are traded freely on a stock exchange or markets, owned by public shareholders, and subjected to regulatory reporting requirements.

Model Business Corporation Act

A uniform set of laws that is designed to regulate the formation, operation, and dissolution of corporations, adopted by many U.S. states to facilitate business.

Close Corporation

A corporation with a limited number of shareholders and no public shares, often operated by a few individuals with closely aligned interests.