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1. What are the two types of bonus pools for bonus incentive plans? How do they differ, and how does each achieve or not achieve the three objectives of management compensation?

2. List the four types of bonus payment options and explain how they differ. How does each achieve or not achieve the three objectives of management compensation?

3. Develop arguments to support your view as to whether executive pay in the United States is too high.

4. Explain the different business valuation methods. Which do you think is superior and why?

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