Incentive Systems That Pay Managers for Short-Term Results May Keep

question 13

True/False

Incentive systems that pay managers for short-term results may keep them from accepting long-term proposals with a positive net present value.

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Definitions:

Ideological Commitment

The strong adherence to a particular set of ideals, beliefs, or political doctrines, often influencing one's behavior and actions.

Position Approach

A leadership perspective focusing on the leader's role and authority rather than their personal characteristics.

Designated Authority

An individual or entity officially given the power or responsibility to make decisions.

Referent Power

A form of influence that stems from being admired and respected, rather than holding formal authority.