economics Managerial1

•CHAPTERS 14, 15, 16, and 17


Essay Questions:

Responses to essay questions should be a minimum of 350words each just to PASS, using the APA format. If you want a higher grade, deeper research and longer essays with quality analysis and conclusions are [url removed, login to view] or repeated use of improper formatting, misspelled words, and poor grammar. Remember that in each Module, you are to supply a minimum of five outside reference sources besides the textbook and the text (six in all).

Answer all questions following:

1. Discuss trade-offs between efficient risk bearing and incentives in compensation plans.

2. There has been an increased emphasis on compensating employees through incentive pay. High incentive pay, however, is not likely to be productive in all settings. Discuss the factors that are likely to favor paying high incentive pay to employees.

3. Describe the costs and benefits of the 360-degree Evaluation System and include a graphic (you create or find on the Internet) as part of your analysis and conclusions.

4. PROFESSIONAL DEVELOPMENT. Go to online business journals (e.g., Business Week, [url removed, login to view], Entrepreneur Magazine), and research CEO compensation. Do you think the fact that most American CEOs are paid so much more than rank-and-file employees suggests that CEOs are overpaid? How do they compare with Japanese or French CEOs? Supply a comparison chart of CEO pay. Are there reasons why overpaying CEOs might or might not be in shareholders' best interests?

CASE STUDY (minimum 700 words using current, outside/non-textbook references):

Internal Auditing in Law Firms. Chapter 17 dealt with divisional performance accounting. In this case, you are a new MBA hire and have been given this file to make a report concerning one of your company's clients, Jack Rabbit Law, Inc. You know that law firms are scared of adverse publicity from billing errors, and are turning to internal auditors to catch problems before others do. Jack Rabbit Law caught one error before the bills went out. In two, out-of-town trials, one client was almost billed $10,200 for a hotel in which its attorneys didn't stay. Before Jack Rabbit Law thought about hiring its own internal auditor, its former managing partner went to prison for cheating the firm and several clients of more than $836,000 which went unobserved. Some of the new internal auditors report to the head of the finance department. At other times, fearing a conflict of interest, they have their auditors report directly to the firm's executive director or to the firm's executive committee (e.g., like a Board of Directors). Jack Rabbit Law partners, however, are not sure of their own internal auditors at this point and the dual system in place. What can your firm--as an outside consultant looking after the law firm's interests, suggest or do to relieve their concerns? List the parameters that would need to be put in place along with your own solutions to stop billing errors from going out.

Skills: Accounting, Finance, Management, Research Writing

See more: trade offs efficient risk bearing incentives compensation plans, jack rabbit law partners case study, incentive pay likely productive settings, internal auditing law firms case study jack rabbit, why to hire professional in a company, why should a company hire you, why is there a need for auditors, why hire a consultant, why hire a business consultant, which is the best online business, what to do with an mba, what to do with a business degree, what is auditor, what do you study in accounting, what do auditors do, what can you do with an mba, what can you do with a business degree, what are professional references, want to make publicity of business, want to hire a consultant, want to find a part in business, want employees for accounting, use case module, the new auditor's report, the need for auditing

About the Employer:
( 14 reviews ) new york, United States

Project ID: #1100701

Awarded to:


Thanks for the invitation. I appreciate.

$62 USD in 5 days
(536 Reviews)

11 freelancers are bidding on average $73 for this job


Would love to work with you on this project as well. Looking forward for another opportunity. Take care. Cheers!

$65 USD in 5 days
(928 Reviews)

Hi There I would love to work on your project. My work will be original and well researched. It will be delivered to you on time. can provide you samples of my work if the need be. Looking forward to your positive res More

$60 USD in 4 days
(123 Reviews)

Greetings! I'd love to work on this project. Thank you for your consideration!

$50 USD in 2 days
(149 Reviews)

Hi, Your work will be done as per your requirement. Plz check pmb. Thanks

$50 USD in 3 days
(94 Reviews)

I am very much interested in this work.

$55 USD in 4 days
(124 Reviews)

Hai, Please check PM. Thank you

$60 USD in 5 days
(19 Reviews)

Respected Sir, I am willing to work with you and want to establish long term business [url removed, login to view], I will provide you such a high quality that no one can provide in this world. Best Regards Dr Maria

$60 USD in 2 days
(14 Reviews)

Hi, I am an academic essay writer with MBA units. I've written several academic essays on various topics using MLA, APA and Harvard citations. I am confident that I can give you a good grade for this. Thank you very mu More

$45 USD in 2 days
(3 Reviews)

Hi, I can write 2 to 3 articles, on economics and finance, per day. Regards

$50 USD in 16 days
(0 Reviews)

we are chartered accountants from india and we are providing this type of service to our local [url removed, login to view] have an expert team of professionals and others to assist you. we can assure you regarding our service. Thank More

$101 USD in 4 days
(0 Reviews)

lets do it I have a complete team with different professional skills e.g CA pakistan, ACCA and others so we can do it easily according to your requirements waiting your positive response

$200 USD in 15 days
(0 Reviews)