Ad From the 2011 Super Essay

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This leads to psychological tactics being used between owners and customers. During the slowing economy, everyone wants to earn more and save more. Owners should take care to make the customers feel that they are valuable and that the services owners provide are wanted so that customers are willing to go out to eat and spend money. The rising cost of food can destroy a business if not properly handled.

Businesses can do promotions in order to encourage customers. For example, if a customer spends $10, they get $1 off coupon for the next time. When they come in next time, it is helping to encourage a next time. Customers come again because they want to save money and the customer helps them do that. Another way is to run promotions around holidays and have discounted meals or specials. They could do this on days like Valentine's Day or Christmas. There is lot of ways to earn money, but the key point is attracting the customers to spend. Businesses need to make them feel that your business is valuable and is something they are willing to spend on.

Wage issues in the private sector is a nightmare for most Americans. A better approach is to enhance the shareholder's right to speak and take action to reform the board of directors. In this way so that the owners optimistic about their own businesses, allowing employees to avoid to take excessive risk.

Government has clearly done gone too far, but it doesn't mean that models of pay on Wall Street do not need to be changed.

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Salary is a kind of management science and it follows many of the norms of humanity. It is necessary to change behavior, but one must be first motivated to change. The financial crisis showed that Wall Street's behavior needs to change. For example, companies need to change the model from a bonus links short-term to a salary links long-term value. It is also worthy to note that the remuneration should be linked with the company's gross profit rather than an individual's performance.

What the government should do is encourage change rather than make it mandatory. Take the example of limiting high salaries. CEOs who take assistance from the government in their businesses, but are still paid multimillion-dollar salaries. This practice makes ordinary people furious. Not everyone can receive such benefits. Most people earn a six-digit salary and rarely does anyone receive a multimillion-dollar salary. In other words, "excessive" pay is difficult to measure and a standard is difficult to determine. For example, the Obama administration proposed an annual salary of more than 25 million dollars is a rich man. This may be, if in Iowa, but in a big city like New York and Los Angeles, even school….....

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