Careful design of an incentive scheme can narrow the gap between "what you want" and "what you pay for."

Question

Quizplus · Accepted Answer

When an incentive scheme is carefully designed, it can align the goals of the individual or group with the goals of the organization or business, thereby reducing the differences between the desired outcome and the cost of producing that outcome. This can ultimately result in a more efficient and effective use of resources.

Careful Design of an Incentive Scheme Can Narrow the Gap