When Cisco Systems told executives they would gain or lose 30 percent of their bonuses based on how well they worked with peers, and in three years had record profits, the company

A. increased productivity.

B. reduced costs.

C. improved workplace cohesiveness. Correct

D. reduced destructive internal competition.

increased speed.

Question

Business

Myers

3 January, 06:18

When Cisco Systems told executives they would gain or lose 30 percent of their bonuses based on how well they worked with peers, and in three years had record profits, the company

A. increased productivity.

B. reduced costs.

C. improved workplace cohesiveness. Correct

D. reduced destructive internal competition.

increased speed.

+5

Answers (1)

Know the Answer?

Kelton Morrison · Answer 1

Answer: C. improved workplace cohesiveness

Explanation:

This action by Cisco improved workplace cohesiveness as it made workplace cohesiveness the basis for financial rewards.

A financial incentive was given that should Cisco Systems Executives work well together they could gain 30% of their benefits or lose 30% if they don't. This meant that even those who do not care much for a higher salary still had to work hard at cohesion or they might lose a portion of their bonuses.

Financial incentives are known to be very effective and they worked here as well.