A primary characteristic of a performance management system is
a. consistency at all levels in the organization.
b. adaptability to differing situations in the organization.
c. efficiency of application to all individuals in the organization.
d. flexibility to delay rewards although performance objectives have been met.
B
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At Panther Lighting Fixtures, employees were asked how the quality of the company's customer service could best be measured, and management then implemented a survey system based on the feedback. The company has overcome which of the following barriers to success of control systems?
A. overemphasis on one instead of multiple approaches B. overemphasis on paperwork C. overemphasis on means instead of ends D. too little employee participation E. too much control
Ambition:
a. All of the answers are correct. b. means wanting to get things done. c. can go wrong and lead to a selfish quest for power. d. is usually a positive force.
An investor is considering buying one of two 10-year, $1,000 face value, noncallable bonds: Bond A has a 7% annual coupon, while Bond B has a 9% annual coupon. Both bonds have a yield to maturity of 8%, and the YTM is expected to remain constant for the next 10 years. Which of the following statements is CORRECT?
A. Bond B has a higher price than Bond A today, but one year from now the bonds will have the same price. B. One year from now, Bond A's price will be higher than it is today. C. Bond A's current yield is greater than 8%. D. Bond A has a higher price than Bond B today, but one year from now the bonds will have the same price. E. Both bonds have the same price today, and the price of each bond is expected to remain constant until the bonds mature.
When a stock index futures contract expires, the buyer takes delivery of the securities.?
Answer the following statement true (T) or false (F)