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Case of the good friends

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Reference no: EM13307314

The Problem: The Case of the Good Friends

Position: The CEO of G-Biosport South Division

The CEO of your company sits on several other Boards, as is the practice in the industry. The CEO is going to annual meeting where one of the agenda items is to vote on the compensation package of the CEO and CFO of Genetics, LLC, another company in the industry. The Board of Genetics has hired a consultant who is recommending a 20% increase in the base salary of the CEO and CFO as well as an aggressive set of stock options which, if the sales of the company increase, will nudge the salary package into seven figures. From your research you know that the current salaries of the Genetics CEO and CFO are already at the top of the scale. Genetic's preliminary annual report indicates that they are about to launch a major new product which is in the last stages of review by the FDA. You also know that Genetics tends to be a bellwether for salaries for CEO's in your industry.

The CEO of Genetics sits on your board and will be voting on your compensation package which comes up in two months at your annual meeting. You have hired the same consulting firm to do the compensation survey. You expect a similar report from the consulting firm. Thus, you will be positioned to ask for a significant raise and would expect reciprocity from your colleague.

1.Ethical Actor
The first step is to identify the ethical actor. In a sentence identify the ethical actor for this problem.

2.Stakeholders
The next step is to identify the stakeholders. List the other stakeholders for this problem.

3.Assumptions
In two or three bullet points, identify any assumptions you are making about the problem.

Verified Expert

This assignment talks about ethical actors and other related aspects. It also consider the influence of internal and external stakeholders. This assignment is prepared in MS word and it is about 300 words.

Reference no: EM13307314

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1/20/2017 4:18:44 AM

You're the best! I came later for the eighth grade, so I was truly mistaken for all the assignment stuff. You helped me a great deal with these things. You helped me particularly with the O.S.O. last draft. A debt of gratitude is in order for the patient [sic] with me. I took in a ton with you... Once again, THANK YOU!

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