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Performance Related Compensation Author’s Name Institutional Affiliation Performance Related Compensation The increased trend of globalization has led the corporate world to adopt more robust and competitive tactics to attract valuable clients and talent in an international scenario. Increased global diversification makes it impractical for the company to use a single set budgeting process so they can buy the resultant budget and stick to it during the period. References Crosson S. & Needles B. (2014). Managerial accounting (11th ed.). Mason Ohio: South-Western/Cengage Learning. MIHAI R. BĂJAN I. & CREŢU A. (2017). Performance management in the context of globalization. Theoretical And Applied Economics XXIV(1). [...]
Order Description:
The readings for this module focus on different ways of measuring segment performance. In addition to being a good management practice, segment performance is also often evaluated to determine the compensation or bonuses for managers. Do you think compensation for senior segment managers should be tied to segment performance? Why or why not? Which method of evaluation do you think would be best, and why? Embed course material concepts, principles, and theories, which require supporting citations, along with at least one scholarly peer-reviewed reference to support your answer unless the assignment calls for more.
Subject Area: Accounting
Document Type: Reports
