Discuss long-term performance plans for managerial personnel.
What will be an ideal response?
In recent years, some companies have adopted managerial incentive plans based on the attainment of certain long-term corporate financial performance goals as opposed to the more common annual bonus plans. Generally known as performance share plans or unit plans, these plans usually award top executives a set number of performance units at the beginning of a performance period. The actual value of the units is then determined by the company's performance over the performance period, usually from three to five years.
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Which of the following marketing orientations focuses primarily on improving efficiencies?
A) production orientation B) relationship orientation C) sales orientation D) consumer orientation E) social responsibility orientation
Renata is the go-to person at her company for issues related to staffing, development, appraisals, rewards, and team building. She has good interpersonal skills and has expert knowledge in the areas of performance measurement and communication. In the context of the competencies required of HR managers, Renata has developed
A. personal credibility. B. HR mastery. C. business mastery. D. change mastery.
A code of ethics refers to
A. the written document stating the beliefs and values of each employee in a firm. B. an informal guide of ethical principles and moral conduct. C. a formal statement of moral and ethical business attitudes. D. a firm's itemized list of business activities that are and are not consistent with the company's mission statement. E. a formal statement of ethical principles and rules of conduct.
A typical problem for limited-line retailers is that
A. their marketing strategy usually relies only on low price. B. many of the items they carry are slow moving. C. they usually cannot carry enough items in a line for any customers to find what they want. D. it is almost impossible for them to satisfy any particular target markets better than other types of retailers. E. All of these are problems for limited-line retailers.