Assignment Example | Topics and Well Written Essays - 250 words - 152

Assignment ExampleExecutives should also not walk away empty handed following the collapse of a company since they ar not directly involved in the companys failure. Collapse of major companies during the last economic crunch was caused mainly by external billet forces. Such forces are beyond the control of the management staff.A hefty severance packages can also be viewed as a tool for attracting devolve talent to a company. An ideal business environment operates under the laws of demand and supply, which necessitates competition (Hirschey, 2009). In business, competition not only applies to the market, but also in recruitment and retaining of top talents. In addition, business decisions such as hiring top CEOs is a form of pretend taking, which businesses are compelled to take. The level of risk that a company can accommodate, determines its income margins. Thus, top CEOs are not responsible for the misfortunes of a company. In any of such occurrences, responsibility should be e xtended to all top-level managers and supervisors. This is because they are also involved in the companys decisions making