40.Discussthreecorporategovernanceissues,whytheyaredefinedasissues,andhowyouwouldsolvethem.Use examplesin youranswer. Studentscouldchoosefromanyof severaltopicslistedinthetextandinTable2-4 ANSWER: CorporateGovernanceTopicsonpage43. Moststudentswillchooseexecutive compensationasonetopicsinceitwasdiscussedfrequentlyin thetextandis thefirst issuelistedinthetable. Compensationisan issuebecausemostpeoplebelieve executivesare notworthmillionsofdollarsinannualsalaryandbonuses. Students maysiteJP Morgan'spolicylimitingexecutivepaytotwentytimesthepayof anyother employee. Thereareseveralotherissuesincluding 1 POINTS: Moderate DIFFICULTY: p. 43, Table2-4 REFERENCES: p.47-48, examplegiveninanswer 2.5-Exploretheroleof corporategovernanceinstructuringethicsandsocial LEARNINGOBJECTIVES: responsibilityinbusiness. UnitedStates-BUSPROG:Ethics NATIONALSTANDARDS: UnitedStates- NONE- DISC:EthicalResponsibilities-EthicalResponsibilities STATESTANDARDS: Blooms:Comprehension KEYWORDS:
40.Discussthreecorporategovernanceissues,whytheyaredefinedasissues,andhowyouwouldsolvethem.Use examplesin youranswer. ANSWER: Studentscouldchoosefromanyof severaltopicslistedinthetextandinTable2-4 CorporateGovernanceTopicsonpage43. Moststudentswillchooseexecutive compensationasonetopicsinceitwasdiscussedfrequentlyin thetextandis thefirst issuelistedinthetable. Compensationisan issuebecausemostpeoplebelieve executivesare notworthmillionsofdollarsinannualsalaryandbonuses. Students maysiteJP Morgan'spolicylimitingexecutivepaytotwentytimesthepayof anyother employee. Thereareseveralotherissuesincluding POINTS: 1 DIFFICULTY: Moderate REFERENCES: p. 43, Table2-4 p.47-48, examplegiveninanswer LEARNINGOBJECTIVES: 2.5-Exploretheroleof corporategovernanceinstructuringethicsandsocial responsibilityinbusiness. NATIONALSTANDARDS: UnitedStates-BUSPROG:Ethics STATESTANDARDS: UnitedStates- NONE- DISC:EthicalResponsibilities-EthicalResponsibilities KEYWORDS: Blooms:Comprehension
Test%20Bank%20for%20Business%20Ethics%20Ethical%20Decision%20Making%20and%20Cases%2010th%20Edition%20Ferrell,%20Fraedrich,%20Ferrell.docx