Business organizations should recognize that they have _________ to non-shareholder

stakeholders.

contractual, legal, social and market driven obligations

There is only one way of measuring the financial performance of business.

False

It involves understanding of the needs of business as well as the context for change.

Analyze the current state.

Salary is an important factor in _________ in an organization.

attracting, retaining and motivating people

One way to ensure quality people performance is through an effective and efficient strategic
incentive management.

True

The following are the advantages of considering interactive strategic control except for

The approach is closed.

In this incentive, the employer gives the employees or workers the opportunity to change work hours
considering the latter's personal schedule but still maintaining the pay and position.

Flexible work schedule

Implementation control is applied to assess if there is a consistency on the intermediate strategies

with the overall strategy.

True

Incentive design process always begins with goal and expected outcome recognition which is
usually known as incentive philosophy.

True