Multiple Choice
According to one of the top management consultants of the past 40 years,the late Peter Drucker:
A) top executives are entitled to any level of pay they can negotiate with their board of directors.
B) the annual pay for top executives should include a small guaranteed salary and should include a very large bonus in years where the firm earns higher profits than competitors.
C) all bonuses paid to CEOs should be tied to long-run increases in market share.
D) CEOs should not earn much more than 20 times the earnings of the company's lowest-paid employee.
Correct Answer:
Verified
Correct Answer:
Verified
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