Board of directors has the responsibility for the overall direction of the company and the selection of top executives
Indicate whether the statement is true or false.
Answer: TRUE
Explanation: Board of directors is a group of professionals elected by shareholders as their representatives, with responsibility for the overall direction of the company and the selection of top executives.
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Describe the strategy of using reminders and attention focusers as world-altering behavior-focused strategies. How has that strategy helped to effectively manage time and priorities?
What will be an ideal response?
Martha was promised a 10% raise if she wins a contract with the city government. Martha could use the money to pay off some debts. However, she happens to know that another company is very close to securing the contract. There is a slim chance that she could win the contract away from the other organization, but she does not believe she can do it. According to expectancy theory, Martha is unmotivated to try to win the contract because she lacks ______.
A. valence B. instrumentality C. expectancy D. significance
In the U.S. and EU, attitudes toward competition
A. are quite similar. B. differ because the EU is anticompetitive; its Commission on Competition ensures competition isn't too severe. C. are based on differing assumptions, with the U.S. following a per se concept and the EU concerned about the existence of harm. D. differ on the role of market dominance; the U.S. supports it and the EU wants to avoid it.
The ____ approach to business and society introduced in the text is a descriptive framework that integrates legal and societal considerations with mainstream theories of competitive advantage and social responsibility
a. Integrative b. Systems c. Proactive d. Economic