The formal and informal performance-based rewards that enhance managerial effort toward organizational goals are referred to as
A) feedback.
B) evaluations.
C) incentives.
D) risks.

Question

Quizplus · Accepted Answer

Incentives are rewards that are given to managers for their performance towards achieving organizational goals. These rewards can be formal, such as bonuses or promotions, or informal, such as recognition or public praise. Incentives are designed to motivate and increase the effort put in by managers towards achieving the goals of the organization. Feedback and evaluations are methods used to assess performance, while risks are potential negative outcomes that could result from actions taken by managers.

The Formal and Informal Performance-Based Rewards That Enhance Managerial Effort