An arbitrary monetary amount that has a stated value on each share of stock and establishes a minimum price for the stock when issued is the ____________________.
Fill in the blank(s) with the appropriate word(s).
par value
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Global business leaders must be capable of articulating a coherent global vision and strategy that integrates local responsiveness, global efficiency and leverage
Indicate whether the statement is true or false
Implementing a system of independent checks is one of the most effective ways to deter fraud. Which one of the following is NOT a way of providing independent checks on employees?
a. Employee transfers b. Audits c. Mandatory vacations d. Authorization required for purchases of over $2,000 or more
For their final business class in college, Bill and Jill have been assigned a client that needs to improve its accounting and budgeting systems. Bill received the assignment by claiming on his résumé to have majored in accounting. His consulting partner, Jill, a marketing major, learns that he never actually passed any accounting courses. Jill is deciding whether or not to overlook the false claim, since Bill is otherwise conscientious and honorable and failure to pass the course might jeopardize his graduation. In her conversation with the instructor, which question will Jill NOT raise?
A. Is there anything in the proposed action that could be considered ethically objectionable? B. Is it apparent that this proposed action is in harmony with our core values? C. Are any conflicts or concerns evident between the proposed action and our core values? D. Would the potential outcome of the proposed action pose a risk of embarrassment? E. Is what we are proposing to do fully compliant with our code of ethical conduct?
Many employers institute their own voluntary affirmative action plans
Indicate whether the statement is true or false