Why do executives at large companies get the “big bucks”? Are they paid too much? Should their pay be tied to company performance? What do you think and why?
I’m working on a business question and need an explanation and answer to help me learn.
1. Why do executives at large companies get the “big bucks”? Are they paid too much? Should their pay be tied to company performance? What do you think and why?
2. It has been said that giving an employee a raise is not much of a motivator. What do you think about that, and why? Support your position.
3. Given that many firms are restricted in what they can charge for their products by competitive pressures, reducing the costs of production can give them more profit. What are some approaches to reducing those costs?
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