Peter Drucker, the management expert, has argued that CEO pay should not be more than 20 times that of the rank-and-file employee. What did his concern focus on?

A) the pay gap between CEOs and employees
B) the perks that CEOs enjoy
C) the need to raise the minimum wage for workers
D) the relative basic education of executives versus the increasing sophistication of employees' knowledge

Pay Gap

The disparity in average earnings between different groups of people within the workforce, often highlighted in discussions about gender or racial wage differences.

CEO Pay

Compensation received by the chief executive officer of a company, often comprising salary, bonuses, and stock options.

Rank-and-File Employee

Workers who are not in managerial positions and usually perform the operational tasks within an organization.