1. Which of the following is true of top management compensation?

Compensation committees are working with boards of directors and CEOs to detach salary from performance because it isn't fair to hold top managers solely responsible for the company's performance.

Stakeholders give top management perks and special treatment for doing a good job.

Many firms are trying to align CEO compensation with performance.

If a company performs poorly, the CEO is given higher pay to motivate him or her to work harder to improve performance.

Stockholders and key stakeholders support paying CEOs higher salaries because they recognize the importance of capable leadership.

2. EduTech is a publisher that provides high quality digital educational products to instructors and students. When new employees are hired, they must attend extensive trainings and demos of the company's products to learn about their functionality and the customers' experience with the products. Annually, the company sends all its employees and managers on a retreat to take mandatory classes on customer relations and office leadership that address skills related to listening, consistent communication, and handling change without compromising values. This scenario is most closely related to developing

conceptual skills.

leadership skills.

technical expertise.

analytical skills.

human relations skills.

3. Top-level managers make an organization's strategic decisions that focus on a key idea for using resources in order to take advantage of opportunities.

true or false