Fred Kofman (2013) discusses 'global' incentives and 'sub-system' incentives. Global incentives refer to rewards that are tied to the performance of the organisation as a whole. Sub-system incentives refer to rewards that are tied to the performance of a work-unit or individual within the organisation. Which of the following statements reflect Fred Kofman's view in relation to the effect of performance-based incentives on the behaviour of people in an organisation? [Select one or more statements.] Sub-system incentives yield optimum managerial behaviour and minimise agency costs. In addressing the unsolvable problem, the best you can do is do better than your competitors. Global incentives yield optimum managerial behaviour and minimise agency costs. In addressing the unsolvable problem, the best you can do is maximise sub-system performance 
Other questions asked by students
Statistics
Algebra
Accounting
Q
About your income statement, cash flow, and balance sheet Income statement, cash flow and balance...
Accounting