Important! Read FirstChoose one of the following two assignments to complete this week. Do not do both assignments. Identify your assignment choice in the title of your submission.Option #1: Controversy Over Executive Remuneration at BP (Presentation)Read the case study: Controversy Over Executive Remuneration at BP (see link below).Prepare a 10- to 12-slide presentation that addresses the following questions:How would you describe BP and its position within the oil and gas industry?Using the assumptions made by the company, is the compensation package justified? Explain your position based on the company’s history, position, and market indicators.What arguments do the board members have for and against the compensation package?What flaws, if any, might be inherent in using Bob Dudley’s or Royal London’s arguments? Would you recommend that Bob Dudley receive compensation, or would you side with the board?Include speaker notes describing your approach to the issues and your solutions to the problems described in the case.Your presentation should meet the following requirements: Be 10-12 slides in lengthInclude 75- to 100-word speaker notes per slideCite a minimum of three references You may use PowerPoint or a slide presentation software of your choice.Link: Controversy Over Executive Remuneration at BP (Links to an external site.)Links to an external site.Option #2: Controversy Over Executive Remuneration at BP (Critical Essay)Read the case study: Controversy Over Executive Remuneration at BP (see link below).Write a 5- to 6-page critical essay that addresses the following questions: How would you describe BP and its position within the oil and gas industry?Using the assumptions made by the company, is the compensation package justified? Explain your position based on the company’s history, position, and market indicators.What arguments do the board members have for and against the compensation package?What flaws, if any, might be inherent in using Bob Dudley’s or Royal London’s arguments? Would you recommend that Bob Dudley receive compensation, or would you side with the board?Include a description of your approach to the issues and your solutions to the problems described in the case.Your critical essay should meet the following requirements: Be 5-6 pages in length, not including the title and references pagesCite a minimum of three references Link: Controversy Over Executive Remuneration at BP (Links to an external site.)Links to an external site.