Purchase Solution

Explanation to four questions

Not what you're looking for?

Ask Custom Question

need help with 4 questions

1) Indicate the best answer: What are some problems with the justification of high executive compensation, specifically compensation of CEOs?: ___________

1. Contrary to claims made, CEO pay is not merely the subject of arm's length negotiations
2. It is not clear that there is a tenable link between CEO pay and the performance of the corporations they serve
3. The notion that CEOs must be motivated by extremely high compensation is flawed, since people, including executives, are motivated by other things as well
4. CEOs are not the only ones responsible for the successes of the corporations that they serve, but
rely in part on good performance by subordinates who also bring good ideas to the table.
5. 1 through 3
6. 3 & 4
7. 1 through 4

2. The legal, ethical, and prudential limits on the doctrine of "employment at will" include: ___________

1. Concern about the families of the workers who may be fired
2. Important public policy considerations
3. Fear of loss of attractiveness as an employer to potential future employees
4. None of the above
5. 2 and 3

3. Select the best answer or answers. In Griggs v. Duke Power, the Supreme Court held that: ___________

1. The Civil Rights Act requires the elimination of artificial, arbitrary, and unnecessary barriers to employment that operate invidiously to discriminate on the basis of race . . . and if an employment practice that operates to exclude a protected class cannot be shown to be related to job performance, it is prohibited, notwithstanding the employer's lack of discriminatory intent
2. The Civil Rights Act was not apposite to the claim
3. Residual discrimination arising from prior practices was insulated from remedial action
4. The black employees must be granted the jobs that they sought, even though it was clear that they would not perform them as well as whites

4. The term "the moral minimum" refers to: ___________

1. The bare minimum of ethical behaviors and attitudes needed in order that the market may function
2. The law
3. The "rules of the game" and "face to face" civility, as understood by Theodore Levitt
4. All of the above

Purchase this Solution

Solution Summary

This solution explains answers to four questions. The sources used are also included in the solution.

Solution Preview

Step 1
CEO pay is not the only discussion that takes place between the CEO and the board. The link between CEO pay and performance, and CEO motivation has not been established. The best answer is 7.

Step 2
The limits on employment at will include public policy considerations and the fear of loss of attractiveness as an ...

Purchase this Solution


Free BrainMass Quizzes
Social Media: Pinterest

This quiz introduces basic concepts of Pinterest social media

Lean your Process

This quiz will help you understand the basic concepts of Lean.

SWOT

This quiz will test your understanding of the SWOT analysis, including terms, concepts, uses, advantages, and process.

Accounting: Statement of Cash flows

This quiz tests your knowledge of the components of the statements of cash flows and the methods used to determine cash flows.

Business Processes

This quiz is intended to help business students better understand business processes, including those related to manufacturing and marketing. The questions focus on terms used to describe business processes and marketing activities.