Top Management Can Reduce Slack by Using a Bonus System

question 30

True/False

Top management can reduce slack by using a bonus system to link performance to the budget.

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Definitions:

CEO

The Chief Executive Officer, who is the highest-ranking executive in a company, responsible for making major corporate decisions.

Bad Decisions

Choices that result in undesired outcomes or negative consequences, often due to poor judgment or lack of foresight.

Aggressive Style

A communication or behavioral approach characterized by assertiveness and directness, often prioritizing one's own needs or goals over others'.

Agent Of Change

An individual or entity that acts as a catalyst for transformation within a group, organization, or society, driving progress and innovation.