When a manager's bonuses are tied to multiple unrelated performance measures
a. we typically see the manager miss all goals by about the same amount
b. we typically see the manager greatly exceeding some goals while missing others altogether
c. we typically see the manager just meeting some goals while missing others by a wide margin
d. we typically see the manager indifferent to the goals
Answer: c. we typically see the manager just meeting some goals while missing others by a wide margin
You might also like to view...
What is the economic reasoning behind the proposal to legalize drugs?
A. Legal drugs will greatly increase the supply, which will reduce the price Americans pay to foreign producers of the drugs. B. All forms of government restrictions on behavior are immoral and ought to be removed. C. Legal drugs will be much cheaper than illegal drugs, which will reduce incentive for crime to obtain money for drugs and to protect drug “businesses.” D. Legal drugs will be more expensive than illegal drugs, and the market system will encourage more production, thus lowering the price. E. Dealing with supply is always easier than dealing with demand, and legalization accomplishes that.
Suppose a bank has $100 million in checking account deposits with no excess reserves and the required reserve ratio is 10 percent. If the Federal Reserve reduces the required reserve ratio to 8 percent, then the bank can make a maximum loan of
A) $0. B) $2 million. C) $8 million. D) $10 million.
Each of the following is implied if we say that transactions costs are absent EXCEPT:
A. sellers can easily communicate their prices. B. buyers can easily locate suppliers and learn their prices. C. buyers and sellers can arrange transactions without significant obstacles. D. sellers do not charge a markup over marginal cost.
The definition of a job leaver is an individual
A. who competed for a promotion at his company and did not get it. B. who terminates his job voluntarily in order to work for a family business. C. whose employment was terminated involuntarily. D. who is underemployed.