Under the Shareholder Wealth Maximization Model (SWM) of corporate governance, poor firm performance is likely to be faced with all but which of the following?

A) sale of shares by disgruntled current shareholders
B) shareholder activism to attempt a change in current management
C) as a maximum threat, initiation of a corporate takeover
D) prison time for executive management


Answer: D

Business

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All of the following are principles for social business except

a. Investors of the organization will only receive a 5% return on their full investment amount b. The business objective of the organization is to address a social problem and not to maximize profitability c. When the investment amount is paid in full to all the investors, the subsequent profits will be invested back into the firm for expansion and improvement opportunities d. The employees of the organization will receive market wages with superior working conditions

Business

For the year ending June 30, 2010, Island Clinical Services mistakenly omitted adjusting entries for $1,200 of supplies that were used, (2 ) unearned revenue of $6,000 that was earned, and (3 ) insurance of $5,000 that expired. What is the combined effect of these errors on (a) revenues, (b) expenses, and (c) net income for the year ended June 30, 2010?

Business

A bargained-for exchange is one of the elements of consideration.

Answer the following statement true (T) or false (F)

Business

What allows customers to use the web to find answers to their questions or solutions to their problems?

A. Website personalization B. Call scripting C. Contact center D. Web-based self-service

Business