When Strategic Performance Measures or Critical Success Factors Are Used

question 92

Multiple Choice

When strategic performance measures or critical success factors are used to determine bonus compensation, the bonus will usually depend either on the amount of improvement in the measure or on:

• A) Maintaining the current level.
• B) Achieving a predetermined goal.
• C) Quality of work completed.
• D) Intensity of effort expended.

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Definitions:

Tax Revenue

The resources governments collect by imposing taxes.

Total Surplus

The combined total of consumer plus producer surplus, which indicates the overall advantage to society from manufacturing and using goods and services.

Government Imposes

The act of establishing regulations, taxes, or policies by a governing body that affect individuals, businesses, or markets.

Tax

Mandatory monetary contributions or other forms of taxes levied on individuals or entities by government agencies to support government operations and a range of public services.