Which of the following is not an advisable criterion for an effective incentive plan?
A. The rewards are believable and achievable.
B. Measurable rewards are linked to performance.
C. The rewards require record-setting performance.
D. The rewards satisfy individual needs.
E. The rewards are agreed on by the manager and employees.
C. The rewards require record-setting performance.
For incentive plans to work, certain criteria are advisable, as follows: (1) The rewards must be linked to performance and be measurable. (2) The rewards must satisfy individual needs. (3) The rewards must be agreed on by the manager and employees. (4) The rewards must be believable and achievable by employees.
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Which statement from the salesperson best represents the Direct close?
A. "The next step in the process would be sign the agreement and begin the implementation process. Shall we move forward at this time?" B. "You would require 500 cases this month. I will send them on Friday." C. "Do you want me to have the router delivered on Friday or Monday?" D. "You are going to buy, so let's settle the details on what you will purchase." E. "Since the cost of this line of plastic utensils will increase next week, can I place your order for the product today?"
The cost of office supplies to be used in future periods is ordinarily shown on the balance sheet as a(n)
A) capital B) asset C) contra asset D) liability
Why do American option values typically exceed their intrinsic values?
What will be an ideal response?
Foreign licensing is similar to
A. starting from scratch. B. franchising. C. wholesaling. D. establishing a subsidiary in another country. E. establishing a sales office in a foreign country.