Explain how managers must balance the concerns of owners, ...

[naturalchemist]

Explain how managers must balance the concerns of owners, employees, and themselves as they develop and manage compensation programs.
 
  What will be an ideal response?

Question 2

Reinheitsgebot is the?
 
  a. German purity laws for beer
 b. The German wine classification system
 c. The German name for Jgermeister
 
  d. None of the above

[GCabra]

Answer to Question 1

How compensation programs are managed impacts an operation's culture and its profitability. Owners require a profit, whereas employees should receive fair compensation. Managers must strike a balance between owners and employees because they know that good employees are important.

Answer to Question 2

A

[naturalchemist]

Excellent

[aliotak]

Thanks for the timely response, appreciate it