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Corporate governance is the formal system of oversight, accountability, and control for organizational decisions. After the financial crisis of 2008-2009, when America's largest and most reputable companies showed a failure in corporate oversight and continued to pay their executives top dollars while accepting massive government bailouts to stay afloat, the resulting uproar led to demands that executive pay should be tied more directly to performance.
Read the Vox article about executive compensation and review pages 291-295 of your textbook covering the debate about aligning executive pay to performance.
Then, describe that addresses the debate, remembering that there are always two sides to every issue:
-Businesses should align pay with performance to best compensate employees.
-Aligning pay with performance isn't the best way to compensate employees.
advertising and cultural normthe function of advertising is to interpret or translate the want-satisfying qualities of
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Select a problem that a firm might have introducing a new product or service and discuss how the firm could overcome that problem.
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