In Trying to Gain Employees' Wholehearted Commitment to Good Strategy

question 35

Multiple Choice

In trying to gain employees' wholehearted commitment to good strategy execution and operating excellence,managers are well advised to use such incentives as

• A) attractive perks and fringe benefits.
• B) frequent words of praise, special recognition at company gatherings, stimulating assignments, and opportunities to transfer to attractive locations.
• C) more (or less) job security.
• D) opportunities for rapid promotion (or the risk of being sidelined).
• E) All of these.

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Definitions:

Sales Tax

A levy that a government places on the sale of products and services, usually determined as a portion of the selling price.

Marginal Cost

The extra financial obligation associated with the production of an additional good or service unit.

Construction Costs

Expenses incurred by a contractor for labor, material, equipment, financing, services, utilities, etc., to construct a building or structure.

Ticket Price

Ticket price refers to the cost of admission for an event, such as a movie, concert, or sporting event.