Explain the recent concerns for the independence of the board of directors.
What will be an ideal response?
Perhaps the biggest problem in corporate governance concerns the independence of the directors. Inside directors may be members of the firm; outside directors are supposed to be elected from outside the firm. But in some companies, the outside directors have been handpicked by the CEO because they are friends, because they have a business relationship with the firm, or because they supposedly "know the industry." In such instances, the board of directors may be too lenient on the CEO when he or she asks for leeway to pursue certain policies. Now more attention is being paid to strengthening corporate governance so that directors are clearly separated in their authority from the CEO. While directors are not supposed to get involved with day-to-day management issues, they are now feeling more pressure from stockholders and others to have stronger financial reporting systems and more accountability.
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Which of the following is one of the Big 5 personality dimensions?
A. Dependability B. Tolerance for ambiguity C. Openness to change D. Agreeableness E. Openness to extremes
All of the following are mentioned in the text as elements related to the fieldwork process EXCEPT:
A) the selection of field workers. B) the validation of fieldwork. C) the evaluation of field workers. D) the training and supervision of field workers. E) All of the mentioned elements are related to the fieldwork process.
Costs that preclude product defects resulting from flaws in processing are referred to as ______________________________
Fill in the blank(s) with correct word
The data rows below the boxhead and to the right of the stub are known as a table's ________________
a. plot b. field c. arena d. map