What do paid managers typically seek as a form of reward?

Prepare for the SACE Stage 2 Economics exam with a comprehensive quiz. Study through flashcards and multiple-choice questions, each featuring hints and explanations for thorough understanding. Get ready for your exam!

Paid managers typically seek increased salaries and influence as a form of reward because these elements directly enhance their status and ability within the organization. Higher salaries serve as a financial incentive that reflects their skills, experience, and the responsibilities they handle. Managers are often driven by the desire to enhance their personal and professional growth, which can be achieved through increased influence in decision-making processes. This influence allows them to shape the direction of the organization and ensure that their vision and strategies are implemented.

In contrast, while profit-sharing percentages can be appealing, they tend to be more variable and are not guaranteed for every managerial position. Job security alone may not adequately motivate managers, as they are generally focused on advancement and the ability to influence outcomes rather than merely maintaining their current position. Furthermore, reduced responsibility does not align with the typical ambitions of managers, who usually seek to grow their roles and take on more significant challenges rather than diminish their responsibilities.

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