In Trying to Gain Employees' Wholehearted Commitment to Good Strategy

question 42

Multiple Choice

In trying to gain employees' wholehearted commitment to good strategy execution and operating excellence, managers are well advised to use all of the following incentives EXCEPT

• A) providing attractive perks and fringe benefits.
• B) giving awards and public recognition to high performers and showcasing company successes.
• C) creating a work atmosphere in which there is genuine caring and mutual respect among workers and between management and employees.
• D) relying on opportunities for promoting from within wherever possible.
• E) withholding information from employees about financial performance, strategy, and competitors' actions.

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Definitions:

Tax Per Unit

A levy imposed by a government on each unit of goods or services sold.

Buyers

Individuals or entities that purchase goods or services from the market for consumption or use.

Tax

Mandatory financial charges imposed by a government on individuals, corporations, or additional legal entities to fund public expenditures.

Price

The monetary value or amount that must be given in exchange for a good or service.