Question

Companies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both cultural values and business performance. a. True b. False

Answer 1

Companies that succeed in a turbulent world are those in which managers are evaluated and rewarded for paying attention to both cultural values and business performance. True

Answer: The correct answer is (a) True

Explanation:

Success of a company highly depends upon it's workforce specially the managers.They are real assets for every concern.An organisation stands nowhere without it's managers.

It is mandatory for every concern to evaluate it's managers and reward them from time to time to enhance their involvement as well as their performance in business.Employees should be rewarded according to their value.They should be rewarded fairly for their tasks.

This system help in motivating the employees.Rewards can be in the form of bonus,salary increment,promotions and many other benefits.

Besides rewarding the employees performance should also be evaluated on regular basis.For this their actual performance should be compared with standard performance and if any discrepancy arises they should be informed and corrective measures must be taken.This will help the employees in knowing where they are lacking and it will give them a chance to improve their performance.