Obama unveils executive pay cap

I mentioned this BBC article in today’s class about Employee and Employer relations. Read it , and then answer the following questions:



Level 1: Knowledge
1) What is the value of the salary cap announced by President Obama? Which employees will have to accept this salary cap?

Level 2: Application
2) Explain the main objection to the salary cap mentioned in the article.

Level 3: Analysis
3) Use a theory of your choice to analyse the likely impact of this decision on executive’s motivation?

Level 4: Evaluation
4) To what extent will this decision help solve the current financial crisis?

Note Level 1 – Level 4 are questions based on IB standards where

Level 1: Knowledge
Level 2: Application
Level 3: Analysis
Level 4: Evaluation

Words in bold (define, explain…) have a specific meaning in the IB Diploma Program (DP). The meanings are in Glossary of Command Terms Section of the IBO DP Business and Management Guide available at the OCC and from my website