Change occurring in one part of an organization can set off a ...

[krzymel]

Change occurring in one part of an organization can set off a chain reaction that causes changes in other parts of an organization. This creates a momentum toward acceptance of the change.
 
  Indicate whether the statement is true or false

Question 2

You are the CEO of Blue Bay Motor Boat Company, a mid-size firm that manufactures speed boats. What incentive plan would you implement for the firm's engineers? What incentive plan would you implement for the firm's managers? Explain why.
 
  Indicate whether this statement is true or false.

[ilianabrrr]

Answer to Question 1

True

Answer to Question 2

Answer: Stock options, bonuses, and profit sharing would be appropriate for the engineers. Recognition-based awards and nonfinancial incentives would most likely encourage engineers to work hard as well. For executives, stock options, performance shares, stock plans, and golden parachutes are useful long-term incentives. Annual bonuses are useful in motivating the short-term performance of managers.