Which Is a Disadvantagefor a Company to Use Relative Performance

question 35

Multiple Choice

Which is a disadvantagefor a company to use relative performance evaluations?

• A)Forces managers to seek,new,more profitable opportunities.
• B)Shields managers from the risk of managing a division in a poorly performing industry.
• C)Does not provide incentives for managers to move out of low-performing to high-performing industries.
• D)None of the answers are disadvantages.

Identify the requirements for a party to achieve holder-in-due-course status.

Comprehend the shelter principle and its implications for subsequent holders.

Distinguish between primary and secondary liability on negotiable instruments.

Recognize the role and definitions of endorsements and warranties in the transfer of negotiable instruments.

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Definitions:

Individual Reward Systems

Are incentive plans and benefits tailored to recognize and reward the performance and achievements of a single person within an organization.

Team Reward Systems

Mechanisms designed to provide incentives or rewards to a group of individuals working together towards common goals.

Performance Management

A continuous process by which managers and employees work together to plan, monitor, and review an employee's work objectives and overall contribution to the organization.

Performance Appraisal

The process of evaluating an employee's job performance and providing feedback on their strengths and weaknesses.