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Natalka [10]
4 years ago
5

In addition to an annual base salary of 1.3 million USD and 10.4 million USD in stock compensation and bonuses, Heather Bresch,

CEO of Mylan Pharmaceuticals, also received 6.4 million USD in other compensation in 2015. This included 19,200 USD for the use of a company-provided automobile and 310,000 USD in personal use of the company jet. Which of the following statements is true regarding this situation?a.Top level managers always act in the shareholder interest.
b.Shareholders favor diversification.
c.Top level managers may pursue their own interests over that of the company.
d.Executives favor diversification.
Business
2 answers:
makkiz [27]4 years ago
5 0

Answer:

The correct answer is C,top level managers may pursue their own interests over that of the company.

Explanation:

Company executives tends to pursue personal interests at the expense of the shareholders who are the bona fide owners of the business.

This selfish interest pursuance is playing out because the CEO's remuneration packages cannot be said to be justifiable in that they are not linked to any performance metrics such as the level  of profits posted.

The major concern is on the stock compensation and bonuses since the best  practice requires that benefits should be linked to the company's underlying performance,that way the company's performance is boosted and would be seen as a way win-win situation for both shareholders and the management team.

igomit [66]4 years ago
3 0

Answer:

Top level managers may pursue their own interests over that of the company.

Explanation:

This is because the shareholder’s or the Company’s wealth has to be used only for the benefits of the shareholders in common or to achieve the Organizational goals. It is not a partnership firm or a sole proprietorship business wherein the wealth of the Entity belongs personally to the owners of the business. In corporate, the employees, including the Top level managers cannot use the wealth thus for the personal purpose at all.

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Dan is the President of a major corporation. He is hiring a new Vice President, and while he knows Lauren is the most qualified
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The fact that Dan picked George over Lauren even though Lauren was the most qualified shows homosocial reproduction.

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2 years ago
Boston Pizza wants to determine how effective its retail space is compared to other pizza establishments in the local area. The
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Answer:

Answer to this question is 'Sales per square foot'.

Explanation:

To determine the effectiveness of any retail space, the sale per square foot is to be calculated. Sales per square foot is a measure that is used to calculate the revenue that any retail store is able to generate for each foot in their given retail space. Sales per square foot is calculated by dividing 'Total Net Sales' with the 'Total Floor Area' of the given retail store. Therefore, the calculation of the indicator is arrived at by determining the Sales per square foot for its store.

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Advantages of large group communication ?
sweet [91]

Answer:

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6 0
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Read 2 more answers
The Cameron Corporation manufactures custom-made purses. The following data pertains to Job XY5: Direct materials placed into pr
alexgriva [62]

Answer:

Total cost assigned to Job XY5:

Direct material cost                                               4,000

Direct labour cost (50 hrs x $15 x 50 units)     37,500

Overhead applied (50 hrs x $4 x 50 units)       10,000

Total cost of the job                                              51,500

Overhead absorption rate

= <u>Budgeted overhead</u>

  Budgeted direct labour hours

=<u> $80,000</u>

  20,000 hrs

= $4 per direct labour hour

Explanation:

The total cost of the job is the aggregate of direct material cost, direct labour cost and overhead. Overhead is absorbed based on direct labour hours. We need to calculate overhead absorption rate by dividing the budgeted overhead by budgeted direct labour hours. The overhead absorption rate is used to multiply the direct labour hours of the job in order to obtain the overhead applied to the job.

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4 years ago
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