Examlex
With bureaucratic control,business units are treated as profit centers,and their managers are evaluated based on profit and loss.
Transactional Leadership
A leadership style focused on supervision, organization, and performance; characterized by a system of rewards and punishments.
Contingent Rewards
Rewards that are given based on the achievement of specific criteria or performance benchmarks.
Active Management
An investment strategy where the manager makes specific investments with the goal of outperforming an investment benchmark index.
Passive Management
An investment strategy that involves minimal buying or selling actions, aiming to replicate the performance of a specific index or benchmark.
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