If a Manager Is Not the Owner, the Manager

question 64

Multiple Choice

If a manager is not the owner, the manager

• A)receives the full benefit of good decisions.
• B)bears the full cost of bad decisions.
• C)does not receive the full benefit nor the full cost of his or her decisions.
• D)none of the statements associated with this question are correct.

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Definitions:

Net Profit

The amount of money that remains from revenues after all operating expenses, taxes, and costs have been subtracted.

Compensation System

A structured approach to providing financial and non-financial rewards to employees, aimed at attracting, maintaining, and motivating a skilled workforce.

Satisfaction

The feeling of pleasure or contentment resulting from achieving what one wants or needs.

Organizational Identification

The degree to which an employee perceives a sense of oneness with or belongingness to their organization, affecting their attitudes and behaviors at work.