The relationship among stakeholders used to determine and control the strategic direction and performance of an organization is termed:
A) corporate governance.
B) Anglo-American activism.
C) capital structure.
D) working capital management.
Answer: A
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Give two reasons why oversight is important to a project manager.
Fill in the blank(s) with the appropriate word(s).
Compute the present value of $46,000, invested for six years at 8%
Present value of $1: 5% 6% 7% 8% 9% 3 0.864 0.840 0.816 0.794 0.772 4 0.823 0.792 0.763 0.735 0.708 5 0.784 0.747 0.713 0.681 0.650 6 0.746 0.705 0.666 0.630 0.596 7 0.711 0.665 0.623 0.583 0.547 A) $36,647 B) $25,300 C) $32,660 D) $28,980
Which of the following is true regarding the relationship between law and ethics?
a. The law attempts to prohibit all "bad" behavior. b. An action that is unethical is also considered illegal in the U.S. c. The law prohibits all "morally objectionable" behavior. d. An action that is unethical may nonetheless be legal.
Which of the following are agency costs?
I. Forgoing an investment opportunity which would add to the market value of the owner's equity II. Paying a dividend to each of the existing shareholders III. Purchasing new equipment which increases the value of each share of stock IV. Hiring outside auditors to verify the accuracy of the company financial statements A) I and III only B) I and IV only C) II and III only D) II and IV only E) I, II, and IV only