According to One of the Top Management Consultants of the Past

question 284

Multiple Choice

According to one of the top management consultants of the past 40 years,the late Peter Drucker:

• A)top executives are entitled to any level of pay they can negotiate with their board of directors.
• B)the annual pay for top executives should include a small guaranteed salary and should include a very large bonus in years where the firm earns higher profits than competitors.
• C)all bonuses paid to CEOs should be tied to long-run increases in market share.
• D)CEOs should not earn much more than 20 times the earnings of the company's lowest-paid employee.

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Definitions:

Sister

A female sibling or a woman who shares a close bond with another individual in a brotherly or sisterly context.

Pretending

The act of behaving in a way that is not genuine, or claiming to have feelings, thoughts, or conditions that are not actual, often as a form of play or to fulfill a particular purpose.

Psychologists

Professionals in the field of psychology, which encompasses the scientific study of the mind and behavior, including cognitive, emotional, and social processes.

Memories

Stored information and experiences in the brain that can be recalled.