Is this disparity in compensation ethical

Assignment Help Operation Management
Reference no: EM131645908

Write a paper of approximately 750 words that addresses the following prompt: The average U.S. CEO was paid approximately $12.94 million in 2011, while the average U.S. worker’s pay was approximately $34,000.

Is this disparity in compensation ethical? Why or why not?

How much of a disparity in compensation would be fair or ethical between a CEO and a worker?

What factors justify the average rate of pay for a CEO? What factors make the average rate of pay for a CEO unethical and/or unfair?

If you believe that the disparity in pay between CEOs and the typical worker is unethical, what recommendations would you suggest to make pay more fair or ethical?

How does this disparity compare to that of CEOs and workers in countries outside the U.S.?

Reference no: EM131645908

Questions Cloud

Consultant presentation on business etiquette : Write an e-mail announcing a staff meeting to hear a consultant’s presentation on business etiquette.
What are some ways marketers could extend product lifespan : What are some ways marketers could extend a product's "lifespan," by promoting a different use or purpose for the product?
When analyzing change, when does unfreezing occur : When analyzing change, when does unfreezing occur? Give specific examples of situations where high-touch and low-touch environments are appropriate.
Calculate partial labor and capital productivity ?gures : Calculate partial labor and capital productivity ?gures for the parent and subsidiary.
Is this disparity in compensation ethical : Is this disparity in compensation ethical? Why or why not? How much of a disparity in compensation would be fair or ethical between a CEO and a worker?
Choose a major capital piece of equipment : Choose a major capital piece of equipment to be used in the radiology department of a hospital
Company fulfill its social mission and be profitable : How can a Company fulfill its social mission and be profitable?
What is the break-even point in units : What is the break-even point in units? How much revenue do we need to take in before breaking even?
How many miles must he drive to break even : Aldo Redondo drives his own car on company business. How many miles must he drive to break even?

Reviews

Write a Review

Operation Management Questions & Answers

  Book review - the goal

Operations Management is about a book review. Title of the book is "Goal". This book has been written by Dr. Eliyahu Goldartt. The book has been appreciated by many as one of those books which offers an insight into the operations and strategic capac..

  Operational plan in hospitality enterprise

Operational plan pertaining to a hospitality enterprise is given in detail in the solution. The operational plan is an important plan or preparation which gives guidelines regarding the role and responsibilities of each and every operation at all lev..

  Managing operations and information

Recognise the importance of a strategic approach to the development and deployment of organisational information systems. Demonstrate an understanding of the importance of databases and their integration to the organisation's overall information mana..

  A make-or-buy analysis

An analysis of the holding costs, including the appropriate annual holding cost rate.

  Evolution and contributor of operations management

Briefly explain Evolution and contributor of Operations management.

  Functions and responsibilities of an operations manager

A number of drivers of change have transformed the roles, functions and responsibilities of an operations manager over recent years. These drivers have not only been based on technological innovations but also on the need for organisations to develop..

  Compute the optimal order quantity

Compute the Optimal Order quantity of DVD players. Determine the appropriate reorder point.

  Relationship to operations practice in the organisation

Evaluate problems in operations and identify approaches to overcoming them. Critically evaluate operating plans and identify areas for improvement. Justify, implement and evaluate changes to operations in line with modern approaches.

  A make or buy analysis

Develop a report for Figi Fabricating that will address the question of whether the company should continue to purchase the part from the supplier or begin to produce the part itself.

  Prepare a staffing plan

Prepare a staffing plan showing the change of your unit from medical/surgical staffing to oncology staffing.

  Leadership styles in different organizations

Ccompare the effectiveness of different leadership styles in different organizations

  Risk management tools and models

Be able to understand the concept of risk, roles and responsibilities for risk management and risk management tools and models.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd