Thor Power Products Corporation permits its directors to be elected by cumulative voting. This inspection rights.
A) allows minority shareholders to be represented on the board
B) assures directors that they will be selected by their peers.
C) guarantees Thor's executive officers of the final choice.
D) ensures against persons who may "cloud" the corporate direction.
A
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With the ________ incompetence approach, the negotiating agent does not have all the necessary information, making it impossible to leak information.
Fill in the blank(s) with the appropriate word(s).
Inherent risk
a. exists because all control structures are flawed in some ways. b. is the likelihood that material misstatements exist in the financial statements of the firm. c. is associated with the unique characteristics of the business or industry of the client. d. is the likelihood that the auditor will not find material misstatements.
Modification of a company's business model to accommodate the unique local circumstances of developing countries is best exemplified by
A. Japan's reputation for competitive strength in consumer electronics. B. Unilever developing a low-cost detergent, named Wheel, for the Indian market. C. Dell entering China by deviating from its traditional Internet-based orders to orders over phone and fax. D. Mahindra and Mahindra's number one ranking in J. D. Power Asia Pacific's annual new-vehicle overall quality category. E. Home Depot relying on its value propositions only in some developing countries.
One of the biggest differences between being a team member and the team leader is that the leader ____.
A. has very little responsibility B. shoulders most of the responsibility C. has all of the responsibility D. has no responsibility