Advantage(s) of having policies in an organization are as follows EXCEPT:
a. Opportunity to define and clarify top management objectives
b. Means for executive management to communicate leadership and views
c. Provide guidance to employees at all levels
d. None of the choices

e. a, b & c


e

Business

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On a common size basis, which of the following assets is normally largest for an electric utility?

a. Accounts receivable b. Inventory c. Property, Plant and Equipment d. Cash and Marketable Securities

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__________ is a purchase of a dissident shareholder's stock by the issuer at a premium over market, often in exchange for a standstill agreement, whereby the shareholder agrees not to commence a tender offer or proxy contest or to buy additional shares of the issuer for a period of time

a. Greenmail b. A freeze out c. Choice agreement d. Equitable agreement

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One of the new developments in retailing is m-commerce. The m- in m-commerce stands for:

A. motivated B. multimedia C. marketing D. managed E. mobile

Business

A provision giving a corporation the right to purchase a shareholder's shares on the death of the shareholder is invalid unless approved by a majority of shareholders

Indicate whether the statement is true or false

Business