Under a Deferred Payment Incentive Schemes Managers Are Likely To

question 79

Multiple Choice

Under a deferred payment incentive schemes managers are likely to:

• A) maximise short-term profit.
• B) focus on short-term plans.
• C) maximise medium and long-term profits.
• D) strive for short-term performance.

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Definitions:

Passenger

An individual who travels in a vehicle, aircraft, or vessel, but does not operate it or work as part of the crew.

Fixed Costs

Costs that do not fluctuate with the volume of production or sales, such as rent, salaries, or insurance premiums.

Janitorial Costs

Expenses associated with cleaning and maintaining a company's premises, including wages for janitorial staff and cleaning supplies.

Fixed Cost

A cost that does not change with an increase or decrease in the amount of goods or services produced or sold.