GE's Planning Grid Approach

question 103

Multiple Choice

GE's planning grid approach

• A) doesn't work because different managers usually come to different conclusions given the subjective evaluations involved.
• B) is really the same thing as the total profit approach.
• C) overemphasizes short term profitability.
• D) is superficial because it considers only size and expected market share, and ignores other possibly important factors.
• E) could be adapted easily by another firm with different objectives.

---

Definitions:

Executive Compensation

The financial payments and other benefits given to high-level management in a corporation.

Pay Secrecy

Policies or practices that prohibit employees from discussing or disclosing their own salaries or wages with their colleagues, often contested for hindering wage transparency.

Internal Exchange

The process and activities involved in the trading of goods, services, or information within the confines of an organization, rather than with external parties.

Underrewarded

The perception or reality of receiving less compensation or recognition than what one's efforts or contributions to the organization warrant.