In order to maximize shareholder value, a corporation must earn a higher rate of return on a dollar
that is retained in the corporation than the shareholders can earn by investing the dollar elsewhere.
Indicate whether the statement is true or false
TRUE
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Property acquired through donation is recorded at
A) its book value. B) its fair value. C) its cost. D) zero.
The Anti-Kickback Act of 1986 intends to prevent:
a. bribery, by punishing perpetrators with up to 15 years in prison. b. any scheme by a contractor to gain the business of a global entity. c. the giving or receiving of any thing of value by a subcontractor to a prime contractor in contracts. d. the custom of lobbyists to give gifts to influence laws regarding business transactions.
Compared to the trait approach, the situational approach ______.
A. suggests leaders need to be fluid not fixed B. is descriptive in nature, making them similar C. defines the key characteristics leaders need to navigate all situations D. views leader openness as more important than intelligence
Which of the following is LEAST closely associated with corporate social responsibility?
A) sustainability B) the triple bottom line C) marketing ethics D) globalization E) social responsibility