Question: If you were developing an incentive system designed to help drive successful strategy execution at your automotive service and rejpair business, which compensation and reward
If you were developing an incentive system designed to help drive successful strategy execution at your automotive service and rejpair business, which compensation and reward system would you most likely adopt?
a Lengthen the time between achieving the target performance outcome and the payment of the reward to sustain performance beyond the short term.
b Create a reward system that involves percent nonmonetary rewards for nonmanagers only.
c Tie incentives to performance outcomes that are directly linked to and supportive of good strategy execution and financial performance
d Make sure the performance targets that each individual or team is expected to achieve involve outcomes beyond their control becaus unforeseen external factors may impact the business.
e Make the performance payoff a minor, not major, piece of the total compensation package and administer the rewards on a subject basis.
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