(c) State, and critically evaluate the suitability of the factors that should be considered when deciding on a management remuneration package that encourages managers to maximise the wealth of shareholders.
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- Who is Henry Fayol? Give his contributions to management p.s will upvote if informative, ty!!QUES:- If a company’s Board of Directors wants its management to maximize shareholder wealth, should the CEO’s compensation be set as a fixed dollar amount, or should the compensation depend on how well the firm performs? If it is to be based on performance, how should performance be measured? Would it be easier to measure performance by the growth rate in reported profits or the growth rate in the stock’s value? Which would be the better performance measure? Why?3. Bibi is the manager of Arts beauty salon. One day it was suggested to her by the supervisor that she should implement a performance appraisal in the business.In Order to do so she started to do some research, but she needs more information. You are therefore required to provide Bibi with the following information. A. Enlighten Bib on what an appraisal is and how it can benefit her business. B. Explain to her the different types of appraisals, and which one\ones should Bibi consider implementing? c. Explain to Bibi how she should go about handling the information gathered from these assessments.
- Please explain right as well as wrong options (1) when rubberstamp productions, previously a small-time production house, grew in size, the first thing its cheif executive officer (CEO) did was establish a set og guildlines that detailed all priciples, standards, and procedures to be followed in the conpany's line of business. The CEO set specific standards on topics ranging from treatment of coworkers to protection of the environment to maintenance of financial records. this scenario illustrates that the CEO developed a a.) code of ethics b.) cognitive map c.) database of employee records b.) performance appraisal document (2) Rose found strong evidence that her supervisor was stealing confidential documents from the company. she immediately reported her manager's actions to the top management. Rose's action is an example of: a.) whistle-blowing b.) brainstorming c.) property deviance d.) personal aggressionKaty is a general manager for Marriott hotels in Philadelphia. She would best be classified as a first-line manager, is this statement true or false? Explain MangementSuppose that you are in a position that enabled you to hire a manager in a company; and you are in a position that confused to hire either Average managers, Successful managers, or Effective managers. Which one you will assign, and what is the deference between each one of them?
- 19) According to agency theory, managers might: a) Spend stockholder money for their own comports b) Expand the business to increase their own power c) Look out for stockholder interests d) A and B e) A and B and C23.Suppose you are the IT director for a hospital.You have a small crew that helps the medical andadministrative staffs with their computers andapplications, but when a new system must bedeveloped, you must hire IT professionals. Howwould you conduct your search for reliable ISdevelopers? Whom would you contact, and whatquestions would you ask?John is a loyal employee and has been working at the same firm for many years, since the current manager was a child but a year ago John’s son and wife died in an accident, which led to John being depressed. He turns up for work late, sometimes drunk, and often absent. He has been repeatedly warned but his behavior hasn’t change. The manager decides to keep him on the job; did he do the right thing? JUSTIFY THEI CASE WITH REASON BASED ON ETHCAL THOERIES WHTHER MANAGER IS RIGHT OR WRONG ACCORDING TO – 2 MARKS (EACH 1 MARKS)
- Mr Smith is CFO at a venture-backed tech start-up with revenues of $20 million and approximately80 employees. He has worked at the company for several years, and now reports to Mr Raphael,the company's newly hired CEO.The company had been doing really well, but recently big customers have been placing fewerorders and Mr Raphael is feeling pressure to show growth. This pressure is amplified because thecompany is venture-backed, and the investors expect results. While the company did well in thefirst round of funding, if they don't perform now, they may have trouble with gaining sufficientfunding in the second round, which could mean the end of the company.All of this was on Mr Smith’s mind when Mr Raphael came to him about recording a major orderthat was still under negotiation. The deal had not gone through, although both parties expected tocomplete the deal in the next week. With the current quarter ending in the next few days, includingthis order would give a significant boost to the…Firm size, industry competition, CEO power and discretion and the level of stress a a CEO's job entails are factors in determining what? Select one: a. How large a board of directors an organization must have b. Whether an organization can function internationally c. A CEO's compensation package d. Employees' level of job satisfaction and overall feeling of internal support of their supervisorsA bookkeeper tried for several years to expose fraud in the organization’s accounting department, but he couldn’t get anyone to pay attention to his claims. How would you evaluate this employee’s power? What might he have done to increase his power and call notice to the ethical and legal problems at the firm?