Respond to the following:
Q1. "Compensation and Government Regulations"
• 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"
• 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"
• 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"
• Review the following Lynda.com videos from the video serious Giving Your Elevetor Pitch with Todd Dewett:
o "Benefits to an Elevator Pitch"
o "Making an Initial connection"
o "Structuring your Pitch"
• Then, rank the following factors in order of importance when developing an elevator speech, and provide a rationale for your response.
o Speech is confident, not arrogant
o Use of positive and compelling words
o Short in duration
o General to the industry in question
o Specific to the company's mission and company's values