Which of the following is a key characteristic of divisional incentive compensation plans for rewarding short-term performance?

Question

Quizplus · Accepted Answer

Cash bonuses and profit sharing are common in divisional incentive compensation plans because they provide immediate rewards for achieving short-term performance goals. Deferred compensation, employee stock options, and retirement plans are more commonly used to reward long-term performance.

Which of the Following Is a Key Characteristic of Divisional