High operating leverage problem
Question: Did GM (General Motors) suffered from a "high operating leverage" problem? If so, how should it have been corrected? What role did retirement benefits play?
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Did GM (General Motors) suffered from a "high operating leverage" problem? If so, how should it have been corrected? What role did retirement benefits play?
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How would you design a pay–performance system that uses powerful incentives to motivate behavior, yet keep the behavior from veering into the unethical?
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