In the context of organization support, how do reward systems help in fostering good relationships?

What will be an ideal response?


Reward systems on both sides of a relationship should be coordinated to encourage supportive behaviors. In market exchanges buyers are rewarded for wringing out concessions from the salespeople, and salespeople are rewarded on the basis of sales volume. In a partnering relationship, rewarding short-term behaviors can be detrimental. For example, recent research regarding sales contests indicates that these short-term compensation events lead to short-term behaviors, such as getting sales at the expense of relationships.

Business

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The SEC provides annual reports to the PCAOB

a. True b. False Indicate whether the statement is true or false

Business

A highly talented and engaged worker cites that pay is not the highest motivating factor for her level of engagement at her company. What evidence helps confirm this position?

a. This employee could likely get higher or equivalent pay at another company. b. Talented and hard-working employees are almost always very ethical employees. c. Polls and surveys show that pay is very rarely a motivating factor for employees. d. This employee likely developed her level of talent and engagement through long years of motivated work in a career field she loves.

Business

A ________ is often used to illustrate the position of a firm's products or brands in consumers' minds.

A. psychographic profile B. mass marketing analysis C. perceptual map D. Tapestry analysis E. loyalty timeline

Business

The 2017 balance for Mason Electronics reported the following items — with 2016 figures given for comparison

Mason Electronics Balance Sheet As of December 31,2017 Mason Electronics Balance Sheet As of December 31,2016 Total Assets $571,000 $494,000 Total Liabilities 330,000 284,000 Total Stockholders' Equity (all common) 241,000 210,000 Total Liabilities and Stockholders' Equity $571,000 $494,000 Net income for 2016 was $25,000. Compute the rate of return on common stockholders' equity for 2016. (Round to two decimal places. Show your computations.) A) 4.38% B) 10.37% C) 11.09% D) 4.69%

Business