Common shareholders can exert control of the management of the firm by:
A. requiring the firm to unionize.
B. directly replacing management with themselves.
C. buying shares in an initial public offering (IPO) at a discounted price.
D. electing board members who can replace the management.
E. buying shares in a second firm at a substantially reduced price.
Answer: D
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Which of the following observations concerning collusive frauds is true?
a. They are usually slower to develop than frauds committed by one individual. b. Research indicates that majority of the frauds involve collusion. c. Frauds involving collusion are usually the easiest to detect because of the involvement of multiple players. d. Recent trends in business have dramatically decreased the number of collusive frauds.
Which two philosophers proposed a social contract theory of morality?
A) Jeremy Bentham and John Stuart Mill B) John Locke and Jean Jacques Rousseau C) Milton Friedman and Henry Ford D) R.J. Reynolds and Arthur Anderson E) Karl Marx and Joseph Story
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Indicate whether the statement is true or false
Kiddie Clothes wishes to locate its warehouse so that it would serve its four different stores, described as follows
Based on the center of gravity, what are the x and y coordinates of the proposed warehouse location? Store x y Trips / Day A 1 4 5 B 2 2 1 C 4 3 2 D 3 2 3 A) x is less than or equal to 3; y is less than or equal to 2. B) x is less than or equal to 3; y is less than or equal to 2.5. C) x is greater than or equal to 2.5; y is greater than or equal to 3. D) x is less than or equal to 2.5; y is greater than or equal to 2.9.