3M and Apple Have Organizational Strategies That Encourage Innovation

question 35

Multiple Choice

3M and Apple have organizational strategies that encourage innovation.As a result,their compensation strategies support innovative behaviours by employees.Which term refers to this alignment of strategies?

• A) tight fit
• B) loose fit
• C) horizontal fit
• D) vertical fit

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Definitions:

Super-Priority Liens

Liens that are given the highest priority over other types of liens, often arising by statute and placed on property which can bypass previously established liens.

Artisan's Lien

A legal right granted to craftsmen or workers allowing them to retain possession of a project or property until they are compensated for the services or labor they have provided.

Mechanic's Lien

A security interest in the title to property for the benefit of those who have supplied labor or materials that improve the property.

Artisan's Lien

A legal claim granted to craftsmen or laborers on property they have worked on or materials they have supplied, to ensure payment for their services.