Question

Wall Street financial services firms and banks rewarded employees for developing "innovative" new financial investment vehicles and for taking risks that helped them and their firms earn a significant amount of money by using _____.

Answer 1

Incentive plans

Step-by-step explanation:

Incentive plans are strategies in which representatives of an association are kept persuaded for the work that they do, and are given motivators on coming to or achieving certain association objectives. The motivator plans can be for lower level workers, center administration and senior administration.

It is the apparatus utilized by entrepreneurs to empower, perceive and reward uncommon execution in their workers.