What is the definition of politics as described in the book?
a. Gathering power and allies to further one’s own objectives over another’s
b. Conflict and debate of those pursuing power
c. Brokering power to meet one’s own goals
d. Ability and success of governing others
c. Brokering power to meet one’s own goals
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In Thornton’s 2012 survey of nonprofit boards, what activity was identified as the most important responsibility of boards?
A. accountability B. strategic planning C. ensuring effective programs D. maintaining the organization’s reputation
China Imports currently has 2,000 shares of common stock outstanding. The firm has assets of $200,000 and total liabilities including preferred stock of $75,000. Calculate the book value per share of China Imports common stock
What will be an ideal response?
High-dividend-payout policy increases transaction costs for both the firm and the shareholder compared to a simple sale of stock by the shareholder to get cash
Indicate whether the statement is true or false.
A phased implementation is an expensive process that launches a new system while the old one is still running
Indicate whether the statement is true or false