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:

Talent Management Culture

An organizational culture that emphasizes the strategic management of talent resources to ensure attraction, retention, and development of the best employees.

CEOs

Chief Executive Officers; the highest-ranking person in a company or other institution, ultimately responsible for making managerial decisions.

Succession Management

A strategic process of identifying and developing internal personnel with the potential to fill key leadership positions within the organization.

HR Professionals

Individuals who work within the human resources department of an organization, specializing in areas such as recruitment, employee relations, and performance management.