Sunday, June 23, 2019

Advanced Managerial Accounting Report Essay Example | Topics and Well Written Essays - 250 words - 5

Advanced Managerial Accounting Report - Essay ExampleOn the other hand, Merchant uses a more hopeful approach in discussing the strategies that management could employ to encourage staffs. Merchants work is based on how management can effectively control employees actions for greater predictability of results, while Kohns article is focused on the inducement scheme as a way of improving employees output.The article by Kohn presents various weaknesses with the incentive plans adopted by many managers to motivate staff members. The author highlights some of the weaknesses of the incentive plans as temporary compliance by staffs, stretching relationships between employees, and desperation of risk taking. According to the author, rewards are known to undermine interest and ignore the core reasons why good performance was achieved. Merchant shows that attempting to assert too a good deal control over staff members can be counter-productive. The author suggests that adopting more inter acting approaches rather than centralizing power and functions is key to motivating staffs to better

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