What Is the Most Effective Reward to Offer to Kickstart

question 12

Multiple Choice

What is the most effective reward to offer to Kickstart contributors?

• A)a cash award
• B)awards-in-kind that offer equivalent value for the cash contributed
• C)offering the contributor to be the first to be able to purchase the product, along with a contribution award
• D)offering to list the person as a founding contributor on all product and service literature

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Definitions:

Managerial Responsibility

The duty and accountability held by managers to make decisions, oversee operations, and ensure the strategic objectives of the organization are met.

Controllable Costs

Expenses that can be directly controlled or influenced by a manager or decision-maker within a certain time frame.

Budgetary Control

A management tool used for monitoring and controlling costs by comparing actual performance with budgeted expectations, facilitating corrective actions.

Controlling Operations

This refers to the process of monitoring, managing, and adjusting a company's or organization's operations to meet set goals and objectives.