What Managerial Rewards Encourage a Short-Term Orientation

question 48

Multiple Choice

What managerial rewards encourage a short-term orientation?

• A)cash bonuses
• B)profit sharing
• C)stock ownership
• D)promotion from within

Understand common development methods and the reasons behind their implementation.

Recognize the benefits and motivations behind job rotation and succession management.

Identify methods for identifying and developing high-potential employees.

Grasp the importance and process of aligning succession management with organizational strategy and external challenges.

---

Definitions:

Revenue-maximizing Price

The optimal price point at which a company can sell its goods or services to maximize its revenue, given its cost structure and market demand.

Football Tickets

Certificates or electronic cards that grant the holder entry to watch a football game.

Demand Function

A mathematical expression showing the relationship between the quantity of a good or service demanded and its price, among other factors.

Stadium Capacity

The maximum number of spectators that a sports venue can accommodate.