Need assistance with the questions illustrated below:
Problem 1) Indicate the best answer: What are some problems with the justification of high executive compensation, specifically compensation of CEOs?: ___________
1. Contrary to claims made, CEO pay is not merely the subject of arm's length negotiations
2. It is not clear that there is a tenable link between CEO pay and the performance of the corporations they serve
3. The notion that CEOs must be motivated by extremely high compensation is flawed, since people, including executives, are motivated by other things as well
4. CEOs are not the only ones responsible for the successes of the corporations that they serve, but rely in part on good performance by subordinates who also bring good ideas to the table.
5. 1 through 3
6. 3 & 4
7. 1 through 4
Problem 2) The legal, ethical, and prudential limits on the doctrine of "employment at will" include: ___________
1. Concern about the families of the workers who may be fired
2. Important public policy considerations
3. Fear of loss of attractiveness as an employer to potential future employees
4. None of the above
5. 2 and 3
Problem 3. Select the best answer or answers. In Griggs v. Duke Power, the Supreme Court held that: ___________
1. The Civil Rights Act requires the elimination of artificial, arbitrary, and unnecessary barriers to employment that operate invidiously to discriminate on the basis of race . . . and if an employment practice that operates to exclude a protected class cannot be shown to be related to job performance, it is prohibited, notwithstanding the employer's lack of discriminatory intent
2. The Civil Rights Act was not apposite to the claim
3. Residual discrimination arising from prior practices was insulated from remedial action
4. The black employees must be granted the jobs that they sought, even though it was clear that they would not perform them as well as whites
Problem 4. The term "the moral minimum" refers to: ___________
1. The bare minimum of ethical behaviors and attitudes needed in order that the market may function
2. The law
3. The "rules of the game" and "face to face" civility, as understood by Theodore Levitt
4. All of the above