Assume that you are a consultant advising the Chair of a Remuneration Committee - who oversees CEO and Executive remuneration of a listed company in Australia. As requested by the company’s shareholders and Board of Directors, you have been tasked to review the CEO compensation structure to fit changes in the current business environment. 1. In response to the Covid-19 pandemic and uncertainties in business climate, what short-term and long-term considerations should the company observe in adjusting the CEO’s pay? Provide a rationale for these considerations and support your discussions with relevant examples.

L. P. Manning CorporationIn March 1991, the marketing division of the L. P. Manning Corporation performed a national survey to test the public’s reaction to a new type of toaster. Manning had achieved success in the past and established itself as a leader in the home appliance industry.Although the new toaster was just an idea, the public responded favorably. In April of the same year, the vice presidents for planning, marketing, engineering and manufacturing all met to formulate plans for the development and ultimately the production of the new toaster. Marketing asserted that the manufacturing cost must remain below $70 per unit or else Manning Corporation would not be competitive. Based on the specifications drawn up in the meeting, manufacturing assumed marketing that this cost could be met.The engineering division was given six months to develop the product. Manning’s executives were eager to introduce the product for the Christmas rush. This might give them an early foothold on a…

What are the differences between descriptive, predictive, and prescriptive analytics? Explain in detail with examples how each of these can be useful in the current business world.

On With Living (OWL) is a nonprofit organization dedicated to improving the physical and mental health of individuals age sixty-five and older. It is a local chapter of a national organization, the OWL Association, which had been in existence for nearly thirty years. Both the local chapter and the national organizational offer programs and services to help seniors stay healthy and fund research to find ways to prevent, treat, and cure diseases that affect people over sixty-five, such as Alzheimer’s disease, diabetes, and heart disease. Each local chapter is obligated to adhere to the positions of the national organization, and any modification or rejection of the national position is prohibited according to the statement of relationship signed by both parties. Any violation of this relationship agreement would result in disaffiliation from the national organization, which local chapters attempt to avoid at all costs. One position statement of the national organization took a firm…