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Topic: Business
Number of pages / Number of words: 4 / 877
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(We deal with non-financial costs in Module 6). It is generally accepted that efforts should be made to align the goals of the different players as much as possible in an initial contract, which may be explicit or implicit, or some optimum mixture of both. Having done this, the contract is monitored to establish if the desired (contracted) performance has been achieved, and then rewards are distributed in proportion to the degree of achievement...


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(We deal with non-financial costs in Module 6). It is generally accepted that efforts should be made to align the goals of the different players as much as possible in an initial contract, which may be explicit or implicit, or some optimum mixture of both. Having done this, the contract is monitored to establish if the desired (contracted) performance has been achieved, and then rewards are distributed in proportion to the degree of achievement...


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