Which one of the following statements is TRUE?
A. Companies with interlocking boards of directors have directors that serve on both boards.
B. The more members of a board of directors, the better its function.
C. A company has an interlocking board of directors if the CEO also serves as the chairman of the board of directors.
D. A company whose board members are elected in staggered terms is said to be an interlocking board of directors.
E. A shareholder-friendly charter will make it harder for a company to be acquired.
Answer: A
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Cook, Inc, a manufacturer of tires, has given you its most recent annual report in an effort to obtain a sizable loan. The company is very profitable and appears to have a sound financial position. Based on a report presented on prime-time television last night, you are aware that Cook is a defendant in several lawsuits related to its defective tires that cause vehicles to overturn. The
information presented on television is an example of financial information that is a. Relevant b. Consistent c. Predictable d. Comparable
Consumers are less price sensitive when ________
A) price is only a small part of the total cost spent on the product over its lifetime B) they perceive the higher prices to be unjustified C) they change their buying habits regularly D) there are many substitutes and competitors in the market E) they are buying high-cost items
To control for order bias, several forms of the questionnaire should be prepared with the order in which alternatives are listed varied from form to form
Indicate whether the statement is true or false
Hinsdale High School has recently decided to sponsor a rugby team. It is in the process of considering where to buy the uniforms. This is a ________ situation.
A. modified rebuy B. straight rebuy C. new buy D. modified new buy E. straight new buy