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Question
The main reason that American executives are paid so much is:
A. Pay is set by the compensation committees of the board, largely comprised of other CEOs who have an interest in pushing compensation up.
B. Qualified individuals are scarce, because most current CEOs were born during the baby bust years of the Great Depression.
C. High executive compensation in other nations puts upward pressure on the salaries of U.S. executives.
D. Most executives are paid based on their performance, and rising compensation reflects the excellent performance of their firms.
Answer
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Related questions
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The phenomenon of a person or group holding multiple stakeholder duties is referred to as:
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B. Primary Stakeholder(s).
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A. Shareholders.
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Which of the following statements is not true about the interactive social system?
A. Business and society need, as well as influence, each other.
B. The boundary between business and society is clear and distinct.
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B. Generates two specific options for each issue.
C. Minimizes dialogue with the stakeholders and focuses on short-term survival.
D. Continuously cycles back to the beginning and repeats.
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C. Not limit the number of public issues the firm can address.
D. Pick a selected number of issues to address immediately.
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A. Beneficial tool used only to maximize the positive effects of a public issue for the organizations advantage.
B. Beneficial tool used only to minimize the negative effects of a public issue for the organizations advantage.
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D. Confusing process that is rarely used to help top management within an organization.
Q:
Dialogue between a single firm and its stakeholders is always sufficient to address an issue effectively.
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Organizations always have full control of a public issue.
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A conception of right and wrong is:
A. Impossible to know.
B. The definition of ethics.
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According to utilitarian reasoning, an action is ethically preferred when its benefits outweigh its costs.
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B. The private sector is not mandated to solve these issues.
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B. Creates an imbalances between corporate power and its economic responsibility.
C. Improves business value and reputation.
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C. Not meeting government expectation.
D. Following a practice of enlightened self-interest.
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C. May sacrifice short-term profits.
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Which of the following statements is true about corporate social responsibility?
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D. Both A and C, but not B.
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