A Westinghouse sales manager agreed to pay for and cook lunch for all 16 of his direct reports if they met their sales quotas. They subsequently outdid their goals in 18 out of 19 months. Corporate higher-ups volunteered to foot the bill for the luncheons, but the manager refused. Why?
a. the incentive worked because employees got a kick out of knowing the manager spent his own money
b. he didn't think the company could afford it
c. he didn't want to betray his staff by getting other people involved in their plan
d. all of these
A
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Which of the following is not a characteristic of both a sole proprietorship and a general partnership?
A. Equity capital may not be raised by selling shares of the business. B. The business's profits and losses are passed through to the owner(s). C. The death of an owner causes the termination of the business. D. A "doing business as" filing is usually required if the owner(s) will conduct business under a fictitious name.
Which of the following value chain activities involves recruiting and training managerial talent?
A) human resource management B) inbound logistics C) infrastructure D) technological development