STRATEGIC INCENTIVE MANAGEMENT Flashcards

1
Q

The following three approaches are tailored to
help match measurements and rewards with
explicit strategic objectives and time frames:

A

Weighted-factor method:
Long-term evaluation method:
Strategic-funds method:

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
2
Q

A method that is
appropriate for measuring and rewarding the
performance of top SBU managers and
group-level executives when performance
factors and their importance vary from one SBU
to another.

A

Weighted-factor method:

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
3
Q

A method in
which managers are compensated for achieving
objectives set over a multiyear period.

A

Long-term evaluation method:

How well did you know this?
1
Not at all
2
3
4
5
Perfectly
4
Q

An evaluation method
that encourages executives to look at
development expenses as being different from
expenses required for current operations.

A

Strategic-funds method:

How well did you know this?
1
Not at all
2
3
4
5
Perfectly