The directors of a company are a central factor in corporate governance because they:

A. Exercise formal legal authority over company policy.
B. Have the highest stake in the performance of the company.
C. Inherited the business from their predecessors.
D. Have a moral responsibility to serve both the company's employees and customers


Answer: A

Business

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When responding to questions during a job interview, you should

A) respond in a way that lets you talk about your strengths only. B) look for opportunities to frame your answers as brief stories rather than simple declarative answers. C) limit yourself to yes or no answers only. D) respond with declarative statements. E) ask the interviewer to clarify what type of response they are really looking for.

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"Potential" is defined as the amount of sales expected to be achieved under a set of conditions within a specified period of time

Indicate whether the statement is true or false

Business

Which of the following statements about communicating in today's workplace is most accurate?

A) Today's emphasis on teams means more face-to-face communication and less writing. B) Communication typically flows one way: from businesses to consumers. C) Writing skills are more important today than ever because online media requires more writing, not less. D) Increasing numbers of workers are enjoying more defined working hours.

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In the following situations, two parties claim the same goods. Who is most likely to prevail in each circumstance? Explain. (a) Olan steals Phil's television set and sells it to Quincy, an innocent purchaser, for value. Phil learns Quincy has the set

and demands its return. (b) Riley takes his television set for repair to Slick, a merchant who sells new and used television sets. By accident, one of Slick's employees sells the set to Tuna, an innocent purchaser-customer, who takes possession. Riley wants his set back from Tuna.

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