The main risk of linking KPls to incentives is that A Your KPIS may not be linked to your business strategy B. Your KPIs may be inaccurate C Your incentives may be ineffective D. People may manipulate the KPIS as an unintended consequence
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- What are the usual steps in Benefit – Cost Analysis? a) Try to figure out what result or conclusion you want, and then set the assumptions to make sure the analysis produces that result. b) Identify the potential benefits and figure out a way to valuate them. c) Identify the potential costs and valuate them. d) Dismiss those benefits and costs to which you cannot assign a numerical value e) Estimate the probability of each of the benefits and costs actually materializing or occurring. f) Mulltiply the value of costs and benefits by their respective probabilities to arrive at the "mathematical expectation" or "mathematically expected" value. g) For costs and benefits expected in the future, especially distant future, discount their value to the present time, using a "reasonable" discounting rate.Opportunity cost is the cost of next best foregone. Explain true or false.mail publisher tests two for the same book." how to get rich in real state."at 15$ and 25$. He mails each to ad to 5000 rndomly selected names from a list of book buyers . 150 people order the book for 25 $, while 250 respond to the 15$ offer. The mail order publisher decides to advertise all future for 25$. Dis he make a mistake? ( hint: how much does it cost to produice and fulfill the orders for the book? What is the value of the book buyers list?)