A Factor That Can Reduce Managers' Short-Term Focus Is the Fact

question 1

True/False

A factor that can reduce managers' short-term focus is the fact that incentive compensation plans are administered by a compensation committee that can intervene when circumstances warrant modification of the scheduled incentive award.

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Definitions:

Big Project

A large-scale undertaking that involves significant resources, planning, and effort, typically in a business or scientific context.

Discriminating

involves making distinctions or showing prejudice against certain groups based on race, gender, age, or other factors.

Compensation

Compensation is the total amount of the monetary and non-monetary pay provided to an employee for work performed, including wages, salaries, bonuses, and benefits.

Deeply Discredited

Refers to ideas, theories, or practices that have been strongly refuted or shown to be fundamentally flawed.