Question

Some key budgetary features that tend to promote positive managerial behavior are:

a. frequent feedback on performance.
b. participative budgeting.
c. realistic standards.
d. well-designed monetary and nonmonetary incentives.
e. all of these.

Answer 1

Frequent feedback on performance, participative budgeting, realistic standards, and well-designed incentives all promote positive managerial behavior.

Step-by-step explanation:

All of the given options - a) frequent feedback on performance, b) participative budgeting, c) realistic standards, and d) well-designed monetary and nonmonetary incentives - promote positive managerial behavior. For example, frequent feedback on performance helps managers understand how their actions are impacting their team and make necessary adjustments. Participative budgeting involves employees in the budget creation process, giving them a sense of ownership and motivation to meet the targets.Similarly, realistic standards ensure that goals are achievable and provide employees with a clear understanding of what is expected. Well-designed monetary and nonmonetary incentives reward and motivate employees, encouraging positive behavior and performance.

All of the given options - a) frequent feedback on performance, b) participative budgeting, c) realistic standards, and d) well-designed monetary and nonmonetary incentives - promote positive managerial behavior.For example, frequent feedback on performance helps managers understand how their actions are impacting their team and make necessary adjustments. Participative budgeting involves employees in the budget creation process, giving them a sense of ownership and motivation to meet the targets.Similarly, realistic standards ensure that goals are achievable and provide employees with a clear understanding ofwhat is expected. Well-designed monetary and nonmonetary incentives reward and motivate employees, encouraging positive behavior and performance.