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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- In a meeting with members of Informational Systems operations area, you ask middle managers about the recent sub-par performance in the department and their thoughts about the reasons behind it. They state that their performance goals are set too high, with the vast majority of their employees missing their individual targets across the board. In your education and training to be an organizational behavior consultant, you studied various needs-based motivational theories: Maslow’s hierarchy and the five categories of basic human needs The ERG theory which compressed Maslow’ five categories to three; The Two-Factor theory, which describes factors that either motivate people or make them dissatisfied The Acquired-Needs model, which describes stable and dominant characteristics in human beings that drive behavior Your Task Which of the motivational theory/theories do you think is best for describing human behavior in the workplace? Based on that, how would you construct a work environment…Effective management is crucial for the success of any organization. It involves planning, organizing, leading, and controlling resources to achieve specific goals. Managers play a key role in coordinating efforts, making strategic decisions, and ensuring that all aspects of the business function smoothly. A well-managed organization is characterized by clear communication, efficient use of resources, and the ability to adapt to changing circumstances. Managers must possess strong leadership skills, a keen understanding of their industry, and the ability to motivate and inspire their teams. Additionally, successful management requires the ability to anticipate challenges, make informed decisions, and continuously improve processes to stay competitive in the dynamic business environment. Question: How can organizations foster a culture of continuous improvement in management practices to stay ahead in today's rapidly changing business landscape?A management development program is about: A)Developing technical skills among staff B)Developing managerial and human relation skills among staff C)Giving promotion to management staff D)Developing career for non-managerial staff
- Once a month, Tom meets with a group of employees from various departments at his firm. They gather for breakfast in one of the firm's conference rooms to discuss their individual career goals. Which of the following terms most likely describes Tom's group? A) labor union B) career success team C) corporate fraternity D) career anchor team E) management planning groupPlease read the case and answer the questions at the end. Please respond to two of your peers. Do you agree or disagree? County General Hospital is a 200-bed facility located approximately 150 miles outside Chicago. It is a regional hospital that draws patients from surrounding farm communities. Like most hospitals, County General faces the difficult task of providing high-quality care at a reasonable cost. One of the most difficult obstacles encountered by the hospital is finding and retaining qualified nurses. The annual turnover rate among nurses is nearly 100 percent. A few of the nurses are long-term employees who are either committed to County General or attached to the community. Employment patterns suggest that many of the nurses who are hired stay for only about six months. In fact, County General often appears to be a quick stop between graduation from college and a better job. Many who leave acknowledge that they were contacted by another hospital that offered them more…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 taking
- Employees who are fully engaged in their works take pride in making valuable contributions to the organization’s success. They derive personal satisfaction from doing so. How can entrepreneurs help to improve employee engagement? Give arguments.Effective staffing is not a one-size-fits-all process; it requires a strategic and flexible approach to meet the dynamic needs of the organization. The staffing process involves not only bringing in new talent but also optimizing the utilization of existing human resources. This includes assessing the current workforce's skills, identifying gaps, and implementing strategies such as training and upskilling to address those gaps. Additionally, successful staffing involves considering factors like diversity and inclusion, recognizing that a diverse workforce brings a variety of perspectives and ideas that can enhance creativity and problem-solving. Moreover, fostering a positive and inclusive work environment is crucial for employee retention and satisfaction, as it contributes to a culture where individuals feel valued and motivated to contribute their best. Question: How does organization adapt its staffing strategies to embrace diversity and inclusion, and how has this approach…Stakeholder expectations could be defined as a mixture of people's opinions, attitudes, and beliefs about what constitutes reasonable business behavior. True False
- What is a reason given by unions who do NOT support gainsharing plans? A. Gainsharing plans might encourage greater contributions to nation's productivity B. Gainsharing plans offer better job security C. Gainsharing plans may lead to increased pay D. Gainsharing plans may increase productivity in a way that could reduce the need for jobsWhat is the role of self-motivation for academic success? Explain providing examplesfrom your own experience and the general context of higher education?The introduction should thoughtfully present the topic and transition smoothly to a clear and concise thesis statement.The structure should be well-planned and well-thought-out, including an introduction, main body, conclusion, and references.The essay must include well-developed paragraphs that coherently support the thesis. The topic should be research and the author needs to demonstrate a thorough understanding of the subject. The content should develop the main thesis statement with clear examples andcredible supporting evidence.The assignment should be written in academic language, demonstrating engagement with the supporting literature.Give typing answer with explanation and conclusion
