Which of the Following Is Not an Accurate Statement About

question 56

Multiple Choice

Which of the following is not an accurate statement about current levels of pay for CEOs of U.S.-based firms?

• A) Today, the average CEO earns more than 350 times the pay of the average blue-collar worker.
• B) Most of CEO pay is in the form of salary.
• C) CEO compensation is not closely tied to corporate performance in most firms.
• D) CEO pay is rising more rapidly than pay for other workers.
• E) The level of CEO compensation is determined by the corporate board of directors.

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Definitions:

Employee Ownership

A business structure where employees have an ownership stake in the company, often through stock options or shares.

NLRA

The National Labor Relations Act, a foundational law in the United States that protects the rights of workers to organize, bargain collectively, and engage in other activities concerning their welfare.

Culture Of Conflict

An environment or situation characterized by ongoing disputes, competition, or antagonism, often leading to a perpetual state of tension and disagreement.

Labor Relations

The study and practice of managing the relationship between employers and employees, specifically focusing on collective bargaining, labor unions, and workplace disputes.