- It is a better idea to compensate managers based on sales growth rather than on earnings.
- Most good managers prefer to be paid their incentive compensation based on overall company earnings rather than their individual efforts.
- When a manager's profit center is successful in reducing costs, the manager's bonus is:
- Operating manuals become key building blocks of growth
- Face-to-face contact with your customers can be digitalized on the Internet.
- Which of the following people would be good candidates for a standing advisory board:
- Sometimes a risk is so attractive that it is worth taking, even though it could jeopardize your cash liquidity.
- A board of advisors should be only called upon in emergency situations.
- The best source of training for a new office worker is a co-worker doing the same or similar job.
- It is not a good idea to take along governing manuals to management meetings.
