UNDERSTANDING BUSINESS (LL/ACCESS)
13th Edition
ISBN: 9781264671656
Author: Nickels
Publisher: MCG
expand_more
expand_more
format_list_bulleted
Question
Chapter 12, Problem 5TP
Summary Introduction
To discuss: The difference in the pay given to top executives in US Country with the top executives in other countries.
Introduction: Top executives in an organization are the individuals that hold the most responsibilities of all the business actions. The different titles of top executives in an organization are the chairman of the company, its directors, president and officers.
Expert Solution & Answer
Answer to Problem 5TP
The top executives in US Country can be differentiated with the top executives in other countries on the basis of the fraction of money or premium paid to the executives in US Country as compared to the other countries.
Explanation of Solution
The pay of the top level executive in US Country is far greater than the pay given to the top executives in other countries of the world. For example, the Chief Executive officer (CEO) in E Country can earn only a 40% fraction of the total pay given to the top level executive in the US Country counterparts.
- The range of pay of executives is far above is the pay given to the top executives in US Country.
- The risk lovers in US Country are paid more to take the risk associated with the investments make in securities.
- Moreover, the top level executives in US Country receive higher pay than the executives in other countries in the form of stocks as well as options.
Conclusion
Therefore, the pay of top executives in US Country can be compared to the top executives in other countries of the world, as the pay of executives in US Country is much greater than the pay of executives in other countries of the world.
Want to see more full solutions like this?
Subscribe now to access step-by-step solutions to millions of textbook problems written by subject matter experts!
Students have asked these similar questions
Financial Misconduct: Enron Scandal
Outline and discuss what “triggered” the regulatory body to intervene?
How effective do you think the response was to such a crisis?
Outline and discuss two ways that could be used to strengthen the current regulatory
environment?
5:06
one
REPORT WRITING
Cover page -
Table of contents
Executive summary
Introduction
Conclusion
References
Appendix
11
Question 1
Ivan Institute has secured funds to construct an oval-like lecture
hall at their new campus at a cost of 3 million United States Dollar
As a consultant of the project, you have a mandate
to package the project for the most qualified contractor.
Carry out the procurement process from advertisement to award
ப
Question 2
Your company has been awarded a contract to erect 124 pylons for an
electricity company. The table below shows the sequential activities
involved in the construction of each pylon together with the estimated
labour hours and optimum number of operatives for each activity. The
handover rate specified is six pylons per week and this can be taken as the
target rate of build. Prepare a line of balance schedule assuming that each
gang works at its natural rate. State clearly the contract duration. Assume
a five-day working week, eight hours per day, and a minimum buffer time
of two days
Activity Description
Labour-hours Optimum number of
operatives per activity
55
A
Excavate
4
B
Concrete foundations
64
4
145
C
Erect tower
D
Fix cantilever cable arms
90
E
Fix insulators
25
885
Chapter 12 Solutions
UNDERSTANDING BUSINESS (LL/ACCESS)
Ch. 12.1 - Prob. 12.1AQCh. 12.4 - Prob. 12.4AQCh. 12.4 - Prob. 12.4BQCh. 12.4 - Prob. 1MEDCh. 12.4 - Prob. 1TPCh. 12.4 - Prob. 2TPCh. 12.4 - Prob. 3TPCh. 12.4 - Prob. 4TPCh. 12.5 - Prob. 12.5AQCh. 12.5 - Prob. 12.5BQ
Ch. 12.5 - Prob. 12.5CQCh. 12 - Prob. 5TPCh. 12 - Prob. 6TPCh. 12 - Prob. 7TPCh. 12 - Prob. 8TPCh. 12 - Prob. 1CECh. 12 - Prob. 2CECh. 12 - Prob. 3CECh. 12 - Prob. 1CTCh. 12 - Prob. 2CTCh. 12 - Prob. 3CTCh. 12 - Prob. 1DCSCh. 12 - Prob. 2DCSCh. 12 - Prob. 3DCSCh. 12 - Prob. 4DCSCh. 12 - Prob. 5DCSCh. 12 - Prob. 1PPTCh. 12 - Prob. 1VCCh. 12 - Prob. 2VCCh. 12 - Prob. 3VC
Knowledge Booster
Similar questions
- OSHA cited a manufacturing company for a(n) ______ violation for the company's failure to report the death of a worker. Group of answer choices failure to abate serious other than serious de minimis conscious violationarrow_forwardOSHA cited a manufacturing company for a(n) ______ violation for the company's failure to report the death of a worker. Group of answer choices failure to abate serious other than serious de minimi conscious violationarrow_forwardWhy is it essential to have a contingency plan in place for a motorcycle shop project to handle any issues that could cause delays or problems along the way?arrow_forward
- Why do you think there is so much variation in how companies handle global training and development for their employees? Some firms adopt what is called an ethnocentric staffing model. Firms that use this model primarily use parent-country nationals (PCNs) to staff higher-level foreign positions. This strategy is based on the assumption that home-office perspectives and issues should take precedence over local perspectives and issues and that PCNs will be more effective in representing the views of the home office in the foreign operation Other international businesses adopt what is called a polycentric staffing model that calls for a much heavier use of host-country nationals (HCNs) from top to bottom throughout the organization. Thus, polycentric staffing is used with the assumption that such individuals (i.e., HCNs) are better equipped to deal with local market conditions. Organizations using this approach usually have a fully functioning HR department in each foreign subsidiary…arrow_forwardWhat are some contingency plans or actions that could have been taken by the Dubai man-made islands project managers to limit the impact of this possible risk event and other such related events the projects faced? Please list in PowerPoint forarrow_forwardDiscuss the attributes of good information.arrow_forward
- What quality management components should be considered for a project such as the Dubai man-made islands? Explain your position In a PowerPoint forarrow_forwardFor a small local Caribbean based company selling pepper sauces, seasonings looking to expand its operations to the us market provide details for the expansion plan proposal. Explain why international expansion is a good strategy for the company. International Business Environment Conduct a detailed SWOT analysis for the potential country of expansion (THREE points per category. These should be written in complete sentences). Evaluate key cultural factors that may impact business operations in the target market. Use Hofstede's six cultural dimensions to assess how cultural differences might affect the company's success in expanding internationally. Market Entry Strategy Discuss the different market entry modes, giving an example of each. Recommend the best one for the company based on its resources and goals. International Business Strategies Discuss the key international business strategies that could help the company succeed internationally. You are to recommend the best…arrow_forwardFor a small local Caribbean based company selling pepper sauces, seasonings looking to expand its operations to the us market provide details for the expansion plan proposal. Explain why international expansion is a good strategy for the company. International Business Environment Conduct a detailed SWOT analysis for the potential country of expansion (THREE points per category. These should be written in complete sentences). Evaluate key cultural factors that may impact business operations in the target market. Use Hofstede's six cultural dimensions to assess how cultural differences might affect the company's success in expanding internationally. Market Entry Strategy Discuss the different market entry modes, giving an example of each. Recommend the best one for the company based on its resources and goals. International Business Strategies Discuss the key international business strategies that could help the company succeed internationally. You are to recommend the best…arrow_forward
- As for The Soup Kitchen Project, why is managing and addressing risk is very important? After consulting with stakeholders and other team members for suggestions, why do you think utilizing an adaptive management risk approach would be great?arrow_forwardWhat employees will be eligible ? how long must the employees be employed under the plan ? what is the level of cost of the company will take on ?arrow_forwardIn a small island developing country, the service sector has been dominated by four companies: LightingPros Ltd., Island Solutions Inc., Real Services Co., and Entertainment Enterprises. Each company offers similar services, including event planning, catering, transportation, equipment rental, and audio-visual production. At present clients engage different companies for specific services, creating a balanced distribution of business across the market. However, recent shifts in client preferences have disrupted this equilibrium. Clients now prefer the convenience and efficiency of working with a single provider that can offer a comprehensive package of services. This has led to a significant decline in business for some companies that are unable to offer the full suite of services on their own. Some of the challenges faced by the companies include limited-service offerings, client convenience where clients prefer working with a single vendor to simplify communication, reduce costs, and…arrow_forward
arrow_back_ios
SEE MORE QUESTIONS
arrow_forward_ios
Recommended textbooks for you
Foundations of Business (MindTap Course List)MarketingISBN:9781337386920Author:William M. Pride, Robert J. Hughes, Jack R. KapoorPublisher:Cengage Learning
Management, Loose-Leaf VersionManagementISBN:9781305969308Author:Richard L. DaftPublisher:South-Western College Pub
Foundations of Business (MindTap Course List)
Marketing
ISBN:9781337386920
Author:William M. Pride, Robert J. Hughes, Jack R. Kapoor
Publisher:Cengage Learning
Management, Loose-Leaf Version
Management
ISBN:9781305969308
Author:Richard L. Daft
Publisher:South-Western College Pub