CEO compensation
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CEOs earn a much higher income than their employees.
a) Briefly describe an explanation for high CEO compensation that centres on motivating those competing for such positions.
b) Briefly describe an explanation for high CEO compensation that centres on a CEO's ability to impact a large number of workers.
c) Briefly describe an explanation for high CEO compensation that centres on characteristics of the board of directors.
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- If you receive a final grade of "A" at the end of a semester, apply the MARS model as used in organization behavior to explain what factors enable you to achieve the final grade of "A".Can you answer it in a short answer? please John was thrilled when, after completing his MPA degree, he was hired to work as a management analyst in the state office of management and budget. During his first year on the job, John impressed his supervisor and coworkers with his excellent analytical and writing skills. Even though his time on the job was short, he had proved himself to be an intelligent, hard-working, and reliable employee. At his 1-year performance review, he received an "excellent" overall rating. Shortly after his 1-year anniversary on the job, a new governor was sworn into office. She had many innovative ideas and changes that she wanted implemented to improve the efficiency and effectiveness of state govern- ment. One of the vehicles she instituted to achieve these changes was the introduction of a statewide "management by objectives" (MBO) program to be administered out of John's office. Although John was relatively inexperi- enced, the unit director believed that…How would you distinguish a job from a career from a calling? Do you have a calling? What is it? Explain what you take to be the strongest argument in defense of an employee’s right to participate in managerial decision making. Explain what you take to be the strongest argument against such a right.
- What are the two main theories in management field which have been used to explain the effect of the phenomenon that "in some public firms, the CEO is also the chairman of the board" on firm performance?Your friend is starting a new small scale manufacturing business. He seeks your advice regarding setting up the levels of management. What will be your suitable advice? A- He should create only operational management level B- He should create both functional and operational management levels C- He should create only functional management level D- He should not create any management levelWhat would an ideal employee for your coffee shop be like? What knowledge, skills, abilities, and other characteristics would the person have? Write a job description with the job title, key responsibilities, and qualifications for the position. Make sure to include both technical skills and so-called soft skills (like communication, teamwork, etc.) in your qualifications list.
- It is probable that you may contemplate applying for a new job with a different organization. What facts do you want a future employer to know about you so that they can make a hiring decision? What role does your Strengths Test play in displaying your potential inside that firm, and what measures can you take to improve it? I'd love it if you could back up your response with some actual examples, as that would be quite useful.You are a section manager with 60 employees under you. You do not consider any of them below average. Some have been with the firm a long time. Others are recent hires, either women or minority employees, engaged in an attempt to rectify past discriminatory hiring practices. You have just received a directive that due to financial difficulties you (and all other section managers) must cut your section by 10 percent. How do you go about deciding a morally justifiable way to implement this directive?To be successful, an organization needs to align and motivate its staff to achieve the organization’s goals and objectives. Then, the organization needs to communicate those goals, motivate employees, and reward their achievement of those goals. Describe the organization for which you work or a previous employer. Was it a centralized or decentralized organization?
- Assume that you have just accepted your first job upon graduation from college. You are working as the manager of a group of manufacturing workers in a company that has had some financial problems. Workers have complained about being unfairly blamed for financial losses associated with the production process, and your predecessor quit as a result of grievances filed against him by his subordinates. Explain how you can use your understanding of attribution theory to be more effective in your personal perception of the causes of problems in your work unit, and in your personal communications about those problems to your new subordinates.What is the most important requirement for a management position? A. A Quality Control Certification B. An MBA degree C. The ability to motivate other people D. Being comfortable with risk takingEffective management is crucial for the success of any organization. It involves planning. organizing, coordinating, and controlling resources to achieve specific goals. A skilled manager must possess a combination of leadership, communication, and decision-making abilities to navigate the complexities of the business environment. From setting objectives to allocating resources, managers play a pivotal role in guiding their teams toward success. Effective management fosters a positive work culture, encourages collaboration, and ensures that employees are aligned with the organization's mission and objectives. Moreover, adaptability and strategic thinking are essential traits for managers, allowing them to respond to dynamic challenges and steer the organization towards growth and sustainability. Question: How do you think advancements in technology have influenced the role of managers in today's rapidly changing business landscape?