At least once every three years, companies must take a nonbinding shareholder vote on the compensation of the five highest-paid executives. This is referred to as
A) clawback pay action
B) voting out the directors.
C) activist investing.
D) say-on-pay.
D
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Which of the following situations does not require an adjusting entry at the end of May?
a. At the end of May, Bolton Industries pays the custodian for May office cleaning services. b. On May 1, Bolton Industries paid rent for six months on its office building. c. On May 1, Bolton Industries began delivery service to a client who will pay at the end of a three-month period. d. On May 1, Bolton Industries purchased delivery equipment with an estimated useful life of six years.
Ivan is the founder of a firm producing self-driving vehicles. Because the industry is so new and chaotic, Ivan favors a top-down strategic planning approach in which he exerts strong control over all aspects of the business, from product development and design to manufacturing and marketing. What is wrong with this scenario?
A. The top-down approach leaves other employees uncertain about their roles in the company. B. The top-down approach is expensive to maintain, leaving the company at a competitive disadvantage. C. The top-down approach can only be applied to specific business functions. D. The self-driving vehicle industry is changing too much for the top-down approach to be effective.
The common technique for masking contents of messages or other information traffic so that opponents, even if they captured the message, could not extract the information from the message is _________ .
What will be an ideal response?
________ power is dominant when subordinates are obliged to comply by virtue of a boss's authority.
A. Coercive B. Legitimate C. Referent D. Expert E. Reward