Question

Don is a high-ranking manager in an advertising firm. He was recently offered a job with higher pay and more lucrative benefits by a rival firm. On coming to know about this, Don's employers decided to make him a(n) ________ matching the offer from their rival firm
A. pensatory package
B. counteroffer
C. equity bonus
D. employment contract

Answer 1

Answer:

The correct answer is "b) counteroffer"

Explanation:

In other words, a counteroffer is an "offer made in response to another"

For Don´s case, if the employers don´t make a counteroffer, Don would leave the company (for the benefits that the rival is offered). If you were a manager, and you appreciate his work, the right decision is "Don's employers decided to make him a counteroffer matching the offer from their rival firm ".