Incentive compensation package

Assignment Help Business Management
Reference no: EM133620332

Question

A firm's manager is switched from a fixed salary to an incentive compensation package that pays a larger bonus when the firm's profits are higher. What can be said about the manager's response to this new compensation package? Group of answer choices The manager will maximize effort. The manager will minimize leisure. The manager will likely quit. The manager will maximize effort and minimize leisure. The manager's effort will be based on his or her personal preferences for labor (income) and leisure.

Reference no: EM133620332

Questions Cloud

Data provided purveys pretty good representation : The data provided purveys a pretty good representation of the company, it could be further analyzed to determine which divers ity groups could be recruited
Corporate social responsibility activity : Identify an organization that participates in a corporate social responsibility (CSR) activity and describe that CSR activity.
Experts often spend more time analyzing problem : Experts often spend more time analyzing a problem before actually trying to solve it.
Standards for typical development or performance : What term is used to refer to children with diverse abilities above or below set standards for typical development or performance?
Incentive compensation package : A firm's manager is switched from a fixed salary to an incentive compensation package that pays a larger bonus when the firm's profits are higher.
Developing support processes for system users : Network system optimisation and administration - producing cost-benefit analyses and training for database optimisation and administration reviewing development
Organizational structure shows reporting relationships : Organizational structure shows reporting relationships, lines of authority and tasks groupings.
Restrict employee development programs : If your last name begins with N-Z, defend the position that EMPLOYERS SHOULD NOT RESTRICT EMPLOYEE DEVELOPMENT PROGRAMS
Integrated management systems : With regards to Integrated management systems (IMS) consisting of ISO 9001, ISO 14001, and ISO 45001,

Reviews

Write a Review

Business Management Questions & Answers

  Write a brief synopsis of the breach

Research a recent (since 2010) data security breach.  Write a brief synopsis of the breach.  Include the company name, how many records were impacted, what type of data was taken, what level of financial impact was the break to the company, and wh..

  Understanding the chargemaster-real world case study

Now that you have demonstrated a solid understanding of a hospital chargemaster's system, let's put our knowledge to practice

  Start the cortana app

Display the Start screen, and then start the Cortana app. How did you start the Cortana app? Start Word. Identify each object on the taskbar.

  Explain why the law of demand is not violated

Explain why the law of demand is not violated when you observe the quantity demanded of ice cream cones at your local park is lower

  Explain levels of accountability

Explain levels of accountability and authority in the management role

  What are business reasons behind push to offshore jobs

What are the business reasons behind the "push" to offshore jobs? Is "nearshoring" jobs, i.e., to Brazil or Poland, a viable alternative to offshoring to India.

  Process improvement framework and problem-solving framework

Compare and contrast the fundamental differences between process improvement framework and problem-solving framework.

  State the null hypothesis and the alternative hypothesis

At the 0.100 level of significance, is that enough to conclude the residents of Wilmington, Delaware, have mroe income than the national average?

  Critical thinking short questions

Is this Credit Event Positive or Neutral or Negative then why you think the headline is positive, negative or neutral. If there are several companies with diffe

  Describe four artifacts of an organization

Langton, Robbins, & Judge describe four artifacts of an organization's culture that can be used to "read" the culture: stories, rituals, material symbols, and l

  Can jo assign his right to buy mary business to peter

Peter says he would love to buy Mary's business. Can Jo assign his right to buy Mary's business to Peter? Why or why not

  Measure of a nation''s standard of living

Discuss the merits and disadvantages of GDP as a measure of a nation's standard of living. Think of a country that has a lower GDP but perhaps a higher standard of living than the United States, and compare the two. How can we reconcile these two ..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd