All categories

3 years ago

Identify and explain the components of management compensation and the tradeoffs that compensation designers make.

Business

1 answer:

Elena L [17]3 years ago

6 0

Incorrect/Incomplete question: Complete question read;

Which of the following statements correctly describes management compensation options?

A) Managers do not receive fixed salaries; instead their compensation is based on bonuses and incentives.

B) Perks (perquisites) were eliminated as part of the Sarbanes-Oxley Act.

C) Bonuses are typically awarded for meeting or achieving specific goals.

D) Stock options and awards are part of fixed salary compensation.

Answer:

C) Bonuses are typically awarded for meeting or achieving specific goals.

Explanation:

All the options above with the exception of option C rightly describes management compensation plans. Remember,  the term compensation includes both cash and non-cash payments an employee may receive for performing their duties well.

Hence, managers may award certain bonuses (eg 5% salary bonuses, etc) to their employees for working diligently to meet specific goals (like meeting a sales target, new customer acquisition targets, etc).

You might be interested in

If a firm's promotional budget were extremely limited, for which of the following reasons would it be more likely to rely on per

alexgriva [62]

Answer:

It is easier to measure a salesperson's effects on sales than advertising's effects on sales is the correct answer.

Explanation:

4 0

3 years ago

An invoice is an example of which of the following?

Scilla [17]

A source document

This document, when coupled with a bill of lading and/or packing list, can be used to invoice a customer, which in turn generates a sale transaction. Supplier invoice. This is a source document that supports the issuance of a cash, check, or electronic payment to a supplier.

8 0

3 years ago

At a price of $2,000 per unit, the demand for Rancho 60 mountain bikes from Peyton Bike's Inc. is 300 units, which is the number

Citrus2011 [14]

The statement "bikes shortage should be developed" is correct.

The following information should be considered:

In the case when the firm wants to sell the product at a lower price so there should be a product shortage.
The demand and supply should not achieve at equilibrium.
There is no inelastic demand that should be developed.
The no of bikes generated should not be increased.

Therefore we can conclude that The statement "bikes shortage should be developed" is correct.

Learn more about the product shortage here: brainly.com/question/12596577

6 0

3 years ago

Which payment type is best if you are trying to stick to a budget?

Katena32 [7]

B. Debit Card is the payment type that is best if you are trying to stick to a budget because it deducts money directly from a consumer’s checking account to pay for a purchase. Unlike credit cards, they do not allow the user to go into debt.

5 0

3 years ago

In a sweezy oligopoly, the profit-maximizing level of output occurs where:_____.

hodyreva [135]

In a Sweezy oligopoly, the profit-maximizing level of output occurs where mr=mc.

Paul M. Sweezy created the oligopoly's kinked demand curve in 1939. The model explains how oligopolistic groups behave rather than placing emphasis on how price-output determination occurs.

With an equilibrium output of Q units and an equilibrium price of P, the oligopolist maximizes profits by equating marginal income with marginal cost.

Due to each company's desire to maximize profits, there is frequently intense competition among them when it comes to pricing, production, and promotion.

The main distinction between a monopolist and a perfectly competitive firm is that although for a monopolist, marginal revenue is not equal to the price since changes in output quantity affect the price.

To learn more about monopolists refer to:

brainly.com/question/14055453

#SPJ4

7 0

2 years ago