week9 discussion
Q1
"Compensation and Government Regulations" Please respond to the following:
· Compare job-based pay with skill-based pay and provide an example of each. Determine which pay you would prefer. Support your decision.
· Determine how government regulations affect compensation and if the regulations are needed. Support your position with examples.
Q2
"Compensation Packages" Please respond to the following:
· Examine the common elements of compensation packages. Determine which two elements you believe to be the most motivational to an employee and to you. Support your position.
· Compare team and individual bonuses and incentives. Determine which type of bonuses and incentives you would prefer. Support your position with examples.
Q3
"Intellectual Property and Global Intellectual Property Rights" Please respond to the following:
· Determine whether or not existing “fair use” exceptions strike an appropriate balance between creators and users of the material. Provide two (2) specific examples to support your response.
· Determine the key legal and ethical issues surrounding the ability of pharmaceutical companies to patent and exploit plant-derived substances, and suggest at least one (1) way in which a company might provide compensation besides direct / individual payments.
Q4
"Pitch Perfect" Please respond to the following:
· Watch the following Lynda.com videos from the video serious Giving Your Elevetor Pitch with Todd Dewett:
· “ Benefits to an Elevator Pitch ” (2 min 01 s)
· “ Making an Initial connection ” (2 min 43 s)
· “ Structuring your Pitch ” (3 min 57 s)
· Then, rank the following factors in order of importance when developing an elevator speech, and provide a rationale for your response.
· Speech is confident, not arrogant
· Use of positive and compelling words
· Short in duration
· General to the industry in question
· Specific to the company’s mission and company’s values