A wheel communication network features
A. a complex matrix of communication to and from all members.
B. communication that is directed to and from a central member.
C. a predetermined sequence of communication events.
D. communication between members with similar experiences and backgrounds.
E. communication that flows vertically, both top down and bottom up throughout the organization.
Answer: B
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A director or officer will be held to have failed to act with due care and diligence if he or she:
A. does not personally investigate every facet of every business decision. B. does not personally attend all board meetings, even if insufficient notice is given. C. fails to make a reasonable investigation before making any corporate decisions. D. makes an error acting in the best interest of the corporation.
Panther Company does not want to bear the risk that interest rates may increase in year two of the loan. Aegean Company believes that rates may decrease and they would prefer to have variable debt. So the two companies enter into an interest rate swap agreement whereby Aegean agrees to make Panther's interest payment in 2015 and Panther likewise agrees to make Aegean's interest payment in 2015
The two companies agree to make settlement payments, for the difference only, on December 31 . 2015 . If the interest rate on January 1 . 2015 is 8 percent, what will be Panther's settlement payment to/from Aegean? a. $6,000 payment b. $6,000 receipt c. $12,000 payment d. $12,000 receipt
StatPro Corporation is a manufacturer of a versatile statistical calculator. The following information is a summary of defective and returned units for the previous year. Total defective units 1,000 Number of units reworked 750 Number of customer units returned 150 Profit for a good unit $40 Profit for a defective unit $25 Cost to rework a defective unit $10 Cost of a returned unit $15 Total
prevention cost $10,000 Total appraisal cost $5,000 Refer to StatPro Corporation. The cost of processing customer returns is a. $9,000. b. $2,500. c. $22,500. d. $2,250.
Collectivist cultures might be more prone than individualists to see reward allocation based on ______ as fair.
A. equity B. seniority C. skills D. deference