Asked by Farid Habibi on Jun 20, 2024
Verified
When performance incentives are part of a manager's remuneration, it is unlikely to influence their decision making.
Performance Incentives
Rewards or bonuses given to employees based on their achievement of specific performance targets or objectives.
Decision Making
The cognitive process of selecting a course of action from among multiple alternatives, often involving considerations of risk, benefit, and the impact of the outcome.
- Distinguish between tactical and strategic decisions and categorize them accordingly.
- Detect common inaccuracies in the evaluation of costs and decision-making strategies.
Verified Answer
PA
Pradeep AgrawalJun 20, 2024
Final Answer :
False
Explanation :
Performance incentives can create a conflict of interest for a manager, potentially leading them to make decisions that prioritize their own financial gain over what is best for the company. This can result in unethical behavior and decisions that are not in line with the company's goals and values. Therefore, performance incentives can influence a manager's decision making.
Learning Objectives
- Distinguish between tactical and strategic decisions and categorize them accordingly.
- Detect common inaccuracies in the evaluation of costs and decision-making strategies.
Related questions
The Very Nature of Tactical Decisions Means That in Many ...
Which of the Following Is Least Likely to Be Classified ...
Which of the Following Is Not a Characteristic of a ...
Sunk Costs, Unitising Costs, How Costs Are Allocated, and Leaving ...
Operational Plans Define What Needs to Be Done in Specific ...