Tuesday, December 29, 2020

The Age of Clutter:Conducting Effective Research Using the InternetCritical Thinking: Strategies in Decision Making

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Using the Internet as a research tool presents new challenges with information overload and problems obtaining and maintaining quality sources (Fornaciari-Roca 1). The Internet can be a useful tool if used properly and with enough information to conduct proper research. The article I have selected to critique; The Age of Clutter Conducting Effective Research Using the Internet. By reading this article, people looking to use the World Wide Web may find effective tools and a clearer understanding. On the other hand, the information obtained by the Internet might also be misleading or irrelevant and lack synthesis and analysis, which can lead to poor decisions based on information they have collected. After reading this article, I can relate with the material and clearly provide information of how the authors' styles are expressed in several elements from their perception to obvious fallacy.


The authors' direct statement and perception to the topic of research on the Internet demonstrated the ability to do effective but proper research using the World Wide Web. The emotion to this article affects the peoples' awareness to the difference between knowledge and information. Also, quality research can make a difference in knowledge obtained that can result in people making proper decisions. As the authors' clearly use the informal fallacy (http//gncurtis.home.texas.net/), Our daily lives are saturated with more data streams than at any previous point in history, and all the evidence suggests that the tide is rising." (Fornaciari-Roca 1) The problem may result in the collection of a large amount of unrelated and irrelevant data that contributes to the creation of knowledge or the support of good and bad decision-making.


I believe the authors argument is to realize the Internet is not an encyclopedia of actual facts, but a world of knowledge based on others research and/or data. Common sense is simply the synonym of logic and is obviously directed to those who use the Internet. Finally, the article states detailed sections of problem resolution. Below is a short list of what ideas the authors' are trying to establish


A. Knowledge of technology.


Write my Essay on The Age of Clutter:Conducting Effective Research Using the InternetCritical Thinking: Strategies in Decision Making


B. Data relevance and information overload.


C. Evaluating websites for quality.


D. The solution


1. Make research a careful activity.


. Define the problem effectively.


. Define information needs.


4. Identify the proper information sources.


5. Evaluate information.


6. Question source credibility and quality.


7. Interpret the information.


8. Critique and analyze the information.


(Fornaciari-Roca 1)


Creating meaningful structures to assess Internet-based information is a difficult but achievable task. By reading this article, I can understand the need for taking a careful approach to researching information with clear definitions and effective strategies that can turn knowledge into good decisions. Regular application of these strategies by use of Web searches should help anyone seeking information learn to direct a wise net as opposed to a wide net. Also, an understanding of the problem and solution can help many web researchers not only survive, but also thrive in the age of clutter.


Fornaciari, CJ and Loffredo, R. (1, Dec.). The Age of Clutter Conducting Effective Research Using the Internet. Retrieved July 1, 00 from the World Wide Web http//www.apollolibrary.com/srp/ubm/mgt50.asp


Curtis, GN (001, March). Fallacy Files. Retrieved July 1, 00 from the World Wide Web http//gncurtis.home.texas.net/


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Monday, December 28, 2020

Art Commentary. The F-111 by Rosenquist.

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Art Commentary. The F-111 by Rosenquist.


The lethal but astounding technology of F-111 fighter jet, stretching the full length of the work - from the deeply treaded tyre and the crater-like cake decorated with its ready-mix nutrients, past the diabolically sweet childish face of a little girl in a hair dryer shaped like the nose-cone of a jet and on to a rolling sea of canned-orange spaghetti. The content of Rosenquist's "F-111" reflects on the American society who was on a suicidal course with its mindless consumerism and military-industrial power.


"It summed up Rosenquist's vision of America as a flawed and self destructive Eden, a paradise based on exaggerated and obsessive consumption of images and things," As Robert Hughes put it.


F-111 was Rosenquist's personal reaction to the ideas of mass media and communication. The painting is overloaded with a discharge of images, which reflects on the mindless consumerism and the armed forces implemented in America in the 160's. Due to the influence of the Vietnam War many pop artists reflected on the American military as motivation to depict America's unsteady future. Emblems of every day experience blot out the sleek fighter jet in "F-111". Rosenquist is stating that whilst these planes are bombing Korea, and a war is being fought, every day life continues. It hasn't been halted by the horrendousness death and destruction, which perhaps suggests greed. He is also possibly stating that the nations mind isn't focused on what matters, reality.


Since the F-111 had minimal impact on its intended industry, death and destruction, we can now find the painting would also seem to ridicule the eventual ineffectiveness of technology. Lichtenstein, for example, painted belligerent yet tasteful images of dogfights, explosions and the essence of air-to-air combat (the infamous "wham" for example). This was a play on the folly within America's supreme military industry. How something that has cost millions of dollars to build, money that could be better spent on the debilitating derelict boulevards and the underprivileged society, can be destroyed with the click of a button. "I pressed the fire control…and ahead of me rockets blazed through the sky," says the pilot in section A of Lichtenstein's "wham".


It is obvious that Lichtenstein and Rosenquist have anti war elements in their work. But the antiwar significance isn't the main or only focus. Lichtenstein, with his stylish abstract dots and cartoonist insight creates a technique that entices the viewer using commercial fundamentals, for example comic books. He was also a feminist painter, and the mass consumerism and anti war elements is less, if at all, noticeable in other works.


Rosenquist on the other hand, has a lot more war reference with his most significant painting "F-111". However it seems to focus more on America's stance in commerce commerciality. Using things like canned spaghetti and objects of everyday use Rosenquist accentuates the meaning of America's diverse fluctuation in marketable goods and how they are of little meaning when it comes to a war or fallout of some description.


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Thursday, December 24, 2020

Roccoco hotel - new york

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TO Mr. Tony Richards, GM


FROM


DATE June 16, 00


SUBJECT RecommendationsCustom writing service can write essays on roccoco hotel - new york


It has come to your committee's attention a letter by a former patron. Ms. Laura Bressner has expressed her dislike in the following areas


ɨ Poor front desk service (lackadaisical, wrong room type, rudeness)


ɨ Slow room service


ɨ Poor attention to detail


She has stated that she will not be attending your hotel again.


You have also received an evaluation from the High Stars Consulting Company, a leading international firm specializing in quality management programs in the hospitality industry. They have sent an executive summary based on the experience of four shoppers who stayed at your hotel for three nights in September of this year. The following areas have been pointed out as either being sub-par or negative


Reservations


ɨ One reservationist was addressed by their first name


ɨ Inconsistent offers of smoking versus no-smoking rooms


ɨ Extension of courtesy or "'thank you"


Arrival


ɨ Unreadiness of room in a timely manner


ɨ Complimentary drink never arrived while patron was waiting for room to be ready


ɨ Long, inconsistent baggage delivery times


ɨ Bellman made no introduction to rooms amenities or other information


Departure


ɨ During check-out, the patrons were never asked if they enjoyed their stay, nor asked about late charges, nor specifically thanked


ɨ A question on a charge on the patrons folio resulted in a 10 minute wait for any action to be taken


Concierge


ɨ A Federal Express package was received by your front desk at 5 am, but patron was not notified until 115 pm. A note was delivered under the door for the package and was never offered to have the package delivered to the room


Telephone


ɨ A long delay in answering an internal call at the front desk


ɨ A wake-up call was requested but never received


ɨ A voice mail was addressed to another quest was erroneously routed


Housekeeping


ɨ Poor restocking of guest supplies


ɨ Long waiting times for special request supplies


Room service


ɨ Long waiting times for breakfast…far exceeding estimated times


ɨ The ordering process was affected by numerous call-holds and by considerable background noises


Lounge Bar


ɨ Four out of five visits resulted in poor performance from staff


ɨ Bar service was hectic and available only to those who were assertive


ɨ The server pick-up area was incredibly untidy, yet guests often walked through this area


ɨ Dinner table was unclean


Although some service strengths were noted (listed below), the negatives far exceed the positives pointed out in her Ms. Bressner's letter.


ɨ Immediate, friendly curbside assistance


ɨ Delivery of on-arrival messages were effectively handled


ɨ For the most part, check-out folios were correct


ɨ The concierge staff, according to the firm, is your genuine strength…well trained, considerate and thorough


ɨ Generally, rooms were left very clean by your very courteous housekeeping staff


These concerns must be addressed and corrected immediately in order to ensure your comparisons them. Your goals should be to meet or exceed the standards of the Marriott and Sheraton Hotels. The Company should address each of these concerns as soon as possible. Effective immediately, I propose the following changes in your policy


Reservations and Arrivals


Hiring practices will change. Only the hiring of 'mature' front desk reservationists and other staff members. Attention to detail will be highly stressed to these new and existing employees.


Employee empowerment. For existing front desk employees, a -week course will be designed to enable these employees to effectively make on-site decisions, usually requiring supervisor approvals in the past.


Bellmen. All bellmen are required, and will also be highly stressed, to make clear the rooms amenities and the hotels services for each patron they bring to a room. The patrons bags will be the number one priority for the bellman, no time should be wasted in bringing the luggage. If any questions are further required, to contact front desk.


To help pay for this employee empowerment program, and the hiring of more experienced front desk staff, (which may translate to slightly higher pay), a slight modest pay-cut for middle management and up will be necessary (criteria to be determined).


Housekeeping and Room Service


4-Hour all-around service. Hallways will now be patrolled 4 hours a day by middle managers and supervisors on duty, to ensure cleanliness.


4-Hour room service. Room service will now be available 4 hours, daily. However, a limited menu will be offered. Orders not received within with a reasonable time will be served free of charge, therefore deducted from kitchen staff's pay.


Your revenues and profits may be down for the next 18-months, which I suspect how long the "makeover" will take. But in the long run it shall be worth it. Some cutting of the corners will also be necessary. Layoffs should be taken into effect, therefore putting more responsibility and labor into the hands of managers. The layoffs shall consist of night crews and the number of front desk employees. Since the overnight shift is usually the "dead hours", all front desk staff on duty shall assume the responsibilities of the cleaning crew in maintaining the lobby. Front desk calls can still be serviced by accessing the front desk line via the service phones in the lobby.


More capital shall be allocated to your marketing department to lure new customers into your hotel, and to ensure that your core weekend customers keep returning. Offering package deals, more creative radio spots and on-line reservation deals (i.e. 10% off room rates for all reservations made on-line, etc.).


Further implementations of policy's and policy changes will be addressed under separate cover.


Obviously, these changes can not happen overnight. These changes are not overly drastic. It can happen, we can make it happen. I ask that all middle managers, supervisors, directors and vice presidents make a sincere effort in putting forth these actions. Setting a precedent to your younger staff and "underlings" will be most prudent.


I am sure your mutual goal will be achieved in turning this hotel into what it once was and always shall be…a 6-Star Service Experience.


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Wednesday, December 23, 2020

Hardest Class

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HARDEST CLASS


Government was the hardest class I have ever taken. There are many reasons why it was so difficult. The reasons include a noise problem, impossible homework assignments, and big projects. I passed that class with a 'D,' and I was happy with it. Usually I would be pretty upset if I got that grade in any other ordinary class, but this wasn't an ordinary class. I am very glad that I got it over with when I did.


For starters, it was very hard just to stay focused in that brouhaha they called a classroom. First of all, the students in my class were 0% class clowns. They would talk throughout the whole hour and made it so that the other people couldn't learn. In addition, the teacher had a quiet, laid-back voice, which didn't help. If I didn't pay close attention to what the teacher said the whole hour, I would miss something important. Listening closely was practically impossible with the whole class talking the whole hour. Also, the teacher must not have believed in yelling or getting after her kids because she would just keep talking through the others' voices. Her theory was that she said things once and that's it. To try and fix this I switched seats with one of the clowns from back to front, thinking I would be able to hear the teacher better. This helped a little but it was still difficult.


The second reason this class was hard were assignments called "current events" due every week. This is where we had to find a newspaper article and explain it to the class. These articles had to go along with what we were learning that week. We had to go in front of the class and expound it to everyone. This was hard to do, putting aside the fact that we had to dodge spit wads and paper airplanes; we had to talk about it for 5 minutes without reading it word-for-word. If we weren't up at the podium for at least 5 minutes or didn't explain it thoroughly enough we would get an 'F.' The teacher being strict about current events made it even harder. Cheap custom writing service can write essays on Hardest Class


Another hurdle were the tests and how often we took them. We would have two tests every week. Somehow the teacher would find a way to make a 50-question test out of just days of learning. Sometimes I could swear that we didn't learn half of the stuff on the tests. That was one of the reasons why the tests were so puzzling. There would be essay questions on every test, too. Our teacher was a former English teacher so if our essays weren't perfect then she would take off major points, and the essays were worth the most points. As a result, I would usually get a bad grade if not fail the tests. I would basically have to rely on my homework to pass the class.


An additional hard part about government in my eyes was memorizing the constitution. First, we had to write all of the amendments down. Then we had to take that home and memorize all of them in 1 week. It was hard for me to memorize 6 let alone all 7. When the time came we had a test over it. There wasn't one person in the class who passed that test. In addition, it was on the final exam too. That was a very difficult and frustrating part in government.


Lastly, the teacher assigned us to do a government video. The good thing about this was that we could do it in groups. We had to pick our own groups, and they had to be anywhere from people to 6 people. My group had 6 people in it. The teacher informed us that this video was worth almost as much as our mid-term exam was. This got everybody to do it and most people took it pretty seriously. Then she gave us a paper that noted all of the information that had to be on the video. I remember looking at the paper and my jaw dropped right away. There was so much information needed for this video. I knew that if we didn't have every little bit then we would be marked down a lot. We had to tell about famous people, famous memorials, places, flags, structures and much more. Worst of all, we only had weeks to complete it. So our group used the whole weeks we had and made it as good as we could. We ended up getting a c- on it.


Finally, the class ended. I was very worried that I had failed the class and was going to have to take it over again next year. When I found out my grade was a 'D' I was very relieved. I didn't have to worry about the annoying noise, difficult homework, and important projects anymore. I was so thankful that I wouldn't have to retake the hardest class I have ever taken.


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Forms of cutting

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The novel by Melina Marchetta "Looking for alibrandi" has got a lot of similarities to real life situations. The time that I read it, it really fitted in well with my life and I'm sure a lot of teenage kids life, because the main character and teenager kids have some things in common. For example we are in our prime years of school and we are experiencing new things in the world and at school. In this novel Josie Alibrandi tells the story of a year in her life. The scene, which I have selected, which is on page 8 chapter 8, is when Josie and her enemy Carly have a fall out and Josie hits Carly (violently) and breaks her nose. The reason I've selected this scene, is because this is the first time Josie calls upon her father for help. When her father turns up to help, Josie is very surprised. This helps them bond together and it is a very special time. Here the author is trying to tell the reader that family is the most important thing and when people need help they can always call upon their family. I totally agree with this view and that's why I have selected this scene.


The (extraxt) is mainly dialogue with some descriptive writing. It all starts out when Carly calls Josie a wog and basically tells her that she's a bastard. Josie doesn't like hearing it from a non-wog so; she hits Carly with her science textbook and breaks her nose. Carly's dad (Ron Bishop) threatens to sue Josie, and warns her that she better call her lawyer. Then to everyone's surprise Josie announces to Carly, Ron and sister Lousies that her fathers a barrister. In this scene the choice of adjectives indicate a scene of high tension; for example adjectives used are- clenched, passionate, desperate, violent and horrified. Whether or not her father will turn up. Josie had fixed views on this as she thought this- "I new Michael Andretti would never come to my rescue, but I prayed all the same". Finally a man with a suit and looking very sophisticated walks in. With great astonishment on his face Ron Bishop proceeds to tell Michael Andretti "your daughter has broken my daughters nose". With not acknowledging Ron bishop as "Famous" Michael makes a great comeback and says, " my daughter has inherited her fathers quick temper" then Josie has a quick word to Michael and tells him what happened. Michael's first reaction was "what the hell is going on?" Josie explained and pleaded for Michael to get her out of this. "Michaels mouth was tight with anger" Josie felt embarrassed about telling Michael what carly had really called her, so when Michael asked her what did she do to deserve a broken nose? Josie refused to tell him and said "nothing". This made Michael frustrated with Josie and said "oh great. I have to get you out of this mess after you hit a girl for nothing". What is significance of these words to those in the room and especially to Jose? Then Michael Andretti has a private word to Ron who he thinks is a creep, after 5 minutes they both came out. Ron bishop looking as red as a tomato orders Carly to get her things. Sister Louise was very pleased that there was no suing involved and she said she was very pleased to meet Mr. Andretti and helped Josie through the tough time. Michael Andretti looking very impressed with himself, smiles at Josie and walks out the main corridor, while everyone is watching Josie asked Michael "how was your day at court dad?" Although this is a scene of growing frustration for Michael he ends up convincing Ron to drop the charges.


In conclusion to this speech I thoroughly recommend this book to all teenagers, whilst Josie learned to deal with other people calling her a wog she prepared an answer that would leave them for dead and not ask again.


When she was asked or called a wog her response would be "I am an Australian with Italian blood flowing rapidly through my veins".


Please note that this sample paper on forms of cutting is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on forms of cutting, we are here to assist you. Your cheap custom college paper on forms of cutting will be written from scratch, so you do not have to worry about its originality.


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Tuesday, December 22, 2020

The Lord of the Rings: The Two Towers

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The Lord of the Rings The Two Towers by J.R.R Tolkien is the second part of The Lord of the Rings, an incredible story loved by millions. It continues from the first part, The Fellowship of the Ring, and ends in the final part, Return of the King. There are two sections to the story, one revolving around Aragorn, Legolas, and other members of the Fellowship, and the other around Frodo and his faithful friend Sam. Each part can be read as a separate book, each with their own climax and a resolution of some sort.


In the first half of the book, you read of Aragorn, Legolas, and Gimlis journey to find Merry and Pippin, who were captured by the hoardes of orcs in Amon Hen. This leads them into Fangorn Forest, where they have their reunion with Gandalf, and they ride to Rohan. In Rohan Gandalf releases Theoden from Sarumans dark grasp, and leaves to find the men who had deported sometime before. The rest ride to Helms Deep, where a massive battle against the orcs is fought, along with the help of the men Gandalf recovers and a mass of Ents. They wipe the orcs out, and the living men go on to the Tower of Orthanc, where Saruman sits waiting. However, he is trapped because Treebeard and a large number of Ents had laid waste to the grounds around Orthanc, and were keeping watch over him. Wormtongue, one of Sarumans servants, foolishly throws the Palantir from a window. The Adventurers depart, leaving the Ents to guard Orthanc as the make for Minas Tirith. (Tolkien, pp. 17-4) The other side of the story, Frodos, begins on the outskirts of the evil lands of Mordor. Here they begin their lone journey to take the Ring to Mount Doom to be destroyed. They meet Smeagol, or Gollum as he is more commonly known, who tries to take the Ring from Frodo, but they stop him and take him in as a guide. He takes them through the Dead Marshes, and to the Black Gate. They find it closed, and move in another direction around the center of Mordor towards Cirith Ungol. The run into Faramir, Boromirs brother, who takes them to a fortress in the woods. Smeagol goes fishing in the Forbidden Pool, and is almost killed for it, but Frodo protects him. From there Smeagol takes them to the black passes of Cirith Ungol, and into Shelobs cave. Frodo is almost killed by Shelob, a massive spider, but Sam bravely fight her off, leaving her with a gaping hole in her abdomen. Sam mistakes Frodo for dead, and takes the Ring. As he is leaving, orcs come and take Frodo, and in the end he discovers that Frodo is alive but the enemy has him. (Tolkien, pp. 47-415)


The theme that J.R.R Tolkien was trying to portray was one of the character of mankind. His message is that there are many different kinds of people in the world, the good and the bad being the most common, and the effects these character traits have in the world. The good, are of course, the courageous people that fight for the future of Middle-Earth, the joyous hobbits of the Shire, and the general kind-hearted citizens of the world. They are the kind of people who live just for the sake of living, and just try to live happily among their neighbors. They fight only when it is needed, never for conquest or sport. Examples of these kind of people would be the nine members of the Fellowship, who are on a journey to put an end to a great evil. The bad are the people who try to control others, twisting peoples minds to their liking, and the people who betray others for their own benefit. They are the people who have hearts full of greed and malice, and strive for their own goals. They kill needlessly to spread their dark influences, and use fear to their advantage. Examples of these kind of people in the book are Saruman, Wormtongue, and Sauron. J.R.R Tolkien puts the good things and the bad things of society together to form a world we would understand. He portrays the human heart and how different it can be from person to person quite well, at least I thought so.


One of the characters in the story is Aragorn, son of Arathorn, also known as Strider. He is a descendant of Isildur, the hero who cut the Ring from the hand of Sauron. He receives the duty of escorting Frodo in Rivendell, where the Fellowship is formed. There he also receives the restored sword of Elendil, the sword that cut the Ring from the hand of Sauron. In the first book, Tolkien describes Aragorn as a tall, strong Ranger with long dark hair. Aragorn is a valiant warrior, and he lets it show when he battles orcs in Amon Hen and Helms Deep. He is a born leader, and fights only for good. He is well educated in the ways of the adventurer, skilled in the use of herbs and weapons. He is as determined of a person as there is, and hell never give up. He rarely talks, but when he does he speaks words of wisdom that aid his listeners. He tells tales all of his olden tales to his friends. Other characters look up to him as a leader, and they follow him to the end. He holds a certain precense in a room, like he has an aura of power surrounding him. He is one of the people who ultimately keep Middle-Earth alive.


Help with essay on The Lord of the Rings: The Two Towers The Lord of the Rings is set in an imaginay land called Middle-Earth. The time is like a medieval time period, with knights and archers, before there was electricity or any modern technology. The land is filled with magic and creatures of all shapes and sizes, creatures that we wuld find unimaginable. The majority of Middle-Earth, the lands of Gondor, Rohan, and other such places are vast, beautiful places thriving with life. Others, such as the dark land of Mordor, are nothing but a burning wasteland filled with vile, bloodthirsty creatures. The setting greatly influences the plot, because it fits the storyline so perfectly. Also, Tolkien writes of the places so well that they place a vivid image of the incredible worlds he designed in his mind. The incredible beauty I see in Middle-Earth as I imagine it is unmatched by anything here on the real earth.


I was quite pleased upon finishing this book, and am already reading the third part. I found that Tolkien, in all his books, has created a truly amazing world that keeps the reader glued to the pages. I was constantly reading until I finished it. Tolkien has a way with books in this time period, which are my favorite. I would definitely recommend this book to readers of all ages, because it is a true classic and touches both the heart and mind in a way youll never forget.


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Monday, December 21, 2020

CEO pay at the crossroads of Wall Street and Main: Toward the strategic design of executive compensation.

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1) My understanding of the paper


Executive compensation has generated controversy related between the executive pay and the firm performance.


The lack of relationship has led to calls from for reform from various organizations (stakeholders, shareholders, etc.)


Linking compensation to objectives and performance measures emphasises short term profitability at the expense of the long term viability.


The base of evaluation market v/s accounting might be different in the way of evaluating performance strategically.


Combined ownership and control the incentive is not a threat because the manager is at the same time the owner. The principle of profit maximization is assumed to be sufficient to motivate and guide managers.


The separation of ownership and control are resumed in that the professional managers hold a small or in some cases none of the firm's equity.


Pay for performance is a double edged sword, it has been found that CEO wealth changes $.5 for every $1.000 in shareholders wealth. The level of executive's compensation is driven by firm size than by performance.


The governance problems will result in compensations based in high fixed salaries.


Performance based strategy will be based in accounting incentives and stock market incentive, both have been criticized for the emphasis on the short term and the effect on the decision horizons.


The use of balance scorecard that adds alternative criteria to evaluate has been used lately, the problem is the difficult and cost to use this system.


Accounting based compensation


The problem with accounting is that it reflects the past and not the impact on future decision, so using accounting is only effective in firms where the cash flow tends to be stable. Accounting is also useful where cost containments and operational efficiency are crucial.


Also the reason that accounting returns are allocable to lines of business they might be useful in diversified or multi-business firms.


Accounting will be useful in companies that pursue the following strategies


- cost leadership strategies


- slow and standard cycle resource profiles (protected by patents, regulations, or mass production technology, etc.)


- unrelated diversification strategies (the use of intense financial control)


- highly leveraged capital structures


Stock market based compensation


They generate a managerial myopia due to the pressure of the investors and other in the decision-making.


If investment in R&D will reflect in share price then the utilization of stock market incentives can be used.


Using market-based incentives is useful when the following strategies are used


- differentiation (competitive advantage by charging a premium price)


- fast cycle resource profile (rapid technological changes and innovation)


- high growth industries (rapid demand driven growth)


- related diversification strategies ((business units that operate in similar industries)


- restructuring strategies (spin offs)


Differed compensation and firm strategies


This is basically tomorrow payoff for today's performance. It has advantages hat it postpones the payment of taxes. They postpone income during the initial stages for a increase as there carers progress.


Stock operation serves as an example.


The firm strategy must be considered especially when the long terms and well-being are part of the company's strategy.


A combination of these schemes might be used but the most important thing to do is to identify the company's strategy.


) My local view


The models explained above are somehow limited locally due to existing law. Basically a major share holder cant received a salary (fixed or variable income) if he is working as an executive or manager of the company regardless the time dedicated to the job (full time or partial). The law clearly states that he can make anticipated withdrawals against profit but no salary is allowed.


In some cases this can be solved by legal structures that can only be agreed when the concentration of the ownership of the company is limited to a close circle. Also there are some cases where there are preferred shares that allow to control.


It is also not allowed under the existing law to give shares to someone and after they leave the company to return the shares.


A combination of accounting ands stock based compensation in line with the company's objectives is used manly in international companies or big ones. In the medium to small ones what is normally found is a fix salary with a bonus linked to accounting results.


The above is also related with the local culture that is clearly adverse to risk, so they prefer to have a fixed salary and be certain that it will be paid monthly and that the goals are clearly set.


Also restrictions imposed by law, the rigidity of the labour law (where a big effort in order to make it more flexible is being done) play against variable structures (the indemnity of firing someone will be calculated on the past months salaries).


) My experience


In our office (a reinsurance broker) we have people of different educational levels and cultures working.


Being a small office with 8 people working income and production is in everyone's mind so a good year is know by all of the office member as well as bad one.


There are no secrets regarding income as well as the offices profit.


Regarding salaries for the admin's we pay high above market (more than 50%) with lots of additional benefits and we did include a variable part (that was not asked by them) in order to compensate them for the good company's result.


Our general manager (also the local owner) has a small fixed salary (10% of his income) and his major income is out of the company's results. Due to the nature of the business the income is deferred in some cases in a year so a long term view is necessary.


As a result of that we are one of the few brokers with a stable base of client and our growth has been consistent over time increasing the owners profit with a stable and steady growth.


Please note that this sample paper on CEO pay at the crossroads of Wall Street and Main: Toward the strategic design of executive compensation. is for your review only. In order to eliminate any of the plagiarism issues, it is highly recommended that you do not use it for you own writing purposes. In case you experience difficulties with writing a well structured and accurately composed paper on CEO pay at the crossroads of Wall Street and Main: Toward the strategic design of executive compensation., we are here to assist you. Your cheap custom college paper on CEO pay at the crossroads of Wall Street and Main: Toward the strategic design of executive compensation. will be written from scratch, so you do not have to worry about its originality.


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