In Corporate Governance Principles,remunerate Fairly and Responsibly Means

question 15

Multiple Choice

In corporate governance principles,remunerate fairly and responsibly means:

• A)All board members should be paid the same amount of remuneration.
• B)All employees of an organisation should be paid fairly.
• C)The organisation should be able to demonstrate a clear link between company performance and executive remuneration.
• D)The organisation should be able to demonstrate a clear link between employee performance and employee remuneration.

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Definitions:

Regionalization

Regionalization is the process of dividing an area into smaller regions for administrative, economic, or cultural purposes.

Underdevelopment

A condition in which a country or region suffers from a lack of economic growth and development, often measured by low GDP per capita, poor infrastructure, and inadequate social services.

Glocalization

The process of adapting global practices to fit local cultures and preferences, merging global influences with local traditions.

Economic Domination

A concept referring to a scenario where a single entity or a group of entities has significant control or influence over the economic policies, practices, or resources in a particular area or sector.