Asked by
Melissa Amstutz
on Nov 12, 2024Verified
If employees are given bonuses for exceeding normal standards, the standards may be very effective in motivating employees.
Standards
Performance goals, often relating to how much a product should cost.
Bonuses
Additional financial rewards given to employees as an incentive or reward for their performance.
- Comprehend the concept of exceptions and its utilization in managerial emphasis and decision-making processes.
- Determine benchmarks as objectives for assessing and managing operations.
Verified Answer
NV
Learning Objectives
- Comprehend the concept of exceptions and its utilization in managerial emphasis and decision-making processes.
- Determine benchmarks as objectives for assessing and managing operations.
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