While the Sarbanes-Oxley Act is an internal mechanism to ensure ethical corporate governance, the Committee of Sponsoring Organizations (COSO) is an external mechanism.

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


False

Sarbanes-Oxley and the European Union 8th Directive are external mechanisms that seek to ensure ethical corporate governance, but there are internal mechanisms as well. One way to ensure appropriate controls within the organization is to utilize a framework advocated by the Committee of Sponsoring Organizations (COSO).

Business

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Which of the following statements is true with regard to the current global business environment?

a. Companies are competing in a very complex environment. b. Companies are well equipped to deal with challenges in the current environment. c. Turbulence in the trade environment is declining. d. Free trade has increased the complexity of global business.

Business

Which social network functionality allows users to view a list of updates from friends as well as advertisements and notifications in chronological order?

A. message board B. timeline C. friends' network D. newsfeed

Business

According to the international codes of conduct, MNEs should ________.

A. resolve disputes according to the domestic law of the home country B. dominate the capital markets in which their operations are based C. use inexpensive, imported sources for components and raw materials D. conduct research and development activities in developing countries

Business

Which of the following is challenge of sustaining technology?

A. Provides a cheaper product for current customers B. Provides a product that does not meet existing customer's future needs C. Provides a better product for current customers D. Provides a faster product for current customers

Business