Another Way to Motivate Managers to Take a Long-Run Perspective

question 73

True/False

Another way to motivate managers to take a long-run perspective is by compensating them on the basis of changes in the market price of the company's stock.

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Definitions:

Retiree

A person who has withdrawn from their profession or occupation and is no longer engaged in paid work.

Age Discrimination

Prejudice or discrimination against individuals or groups based on their age, typically against older adults in employment and other areas.

Job Market

Describes the marketplace where employers search for employees and employees search for jobs.

Necessary Schooling

The essential education required by law or considered vital for a person's intellectual and social development, typically primary and secondary education.