Which of the following is a stated principle of a NYSE report identifying key core governance principles?
a. Members of the Board of Directors should be primarily independent members.
b. Effective corporate governance should be viewed as a compliance obligation.
c. Effective corporate governance should be integrated with the company's business strategy.
d. The Board of Directors has the primary responsibility for creating a culture of integrity and ethical behavior.
c
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Mason's is a supplier of specialty chemicals to a number of companies. The company previously supplied just three big clients, but the CEO is considering targeting the small business market
Selling to small businesses presents a huge opportunity, he says, but some board members disagree, saying it also presents huge challenges. Explain the challenges the firm might face in targeting small businesses.
Discuss the characteristics of focus groups (Table 5.2 in the text). List at least four 4 characteristics and explain why it is important to consider each characteristic
What will be an ideal response?
Use the following information to answer the question below. When Langston Corporation was formed on January 1, 20x5, the corporate charter provided for 100,000 shares of $10 par value common stock. The following transactions were among those engaged in by the corporation during its first month of operation: 1. The corporation issued 400 shares of stock to its lawyer in full payment of the $10,000
bill for assisting the company in drawing up its articles of incorporation and filing the proper papers with the state agency. 2. The company issued 16,000 shares of stock at a price of $50 per share. 3. The company issued 14,000 shares of stock in exchange for equipment that had a fair market value of $320,000. The entry to record transaction 2 is A) Cash 800,000 Common Stock 800,000 B) Cash 800,000 Common Stock 160,000Additional Paid-in Capital 640,000 C) Cash 160,000 Additional Paid-in Capital 640,000Common Stock 800,000 D) Cash 160,000 Common Stock 160,000
A legal arrangement for sharing ownership in life and death is known as a codicil
Indicate whether the statement is true or false