Salary of manager in competing firms

Reference no: EM1375929

You are attending the yearly shareholder's meeting of PIC firm. A fellow stockholder points out that manager of PIC received $100,000 last year, while the manager of a rival company, CUP Enterprises, earned only $50,000. A motion is made to lower the salary of PIC's manager. Given only this data, what should you do? Be specific in your response.

Reference no: EM1375929

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