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Hedge Fund Managers,unlike Mutual Fund Managers,do Not Receive Fund-Performance-Related Fees

question 29

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Hedge fund managers,unlike mutual fund managers,do not receive fund-performance-related fees.


Definitions:

Extrinsic Rewards

External rewards given to employees for performing specific tasks or achieving certain goals, including money, bonuses, benefits, or recognition.

Optimal Reward System

is a compensation model designed to motivate employees and align their actions with organizational goals, maximizing both satisfaction and performance.

Value

The importance, worth, or usefulness of something, often determined by its perceived benefits or the satisfaction it provides.

Learning And Development

Organizational activities aimed at enhancing the knowledge, skills, and competencies of employees to improve their performance and career growth.

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