Which of the following best defines the term "proxy"?

A) It is a document that entitles its owner to special preferences relating either to dividends or to the distribution of assets.
B) It is a document that entitles its owner to vote for a corporation's board of directors, receive dividends, and participate in the net assets upon liquidation of the corporation.
C) It is a document authorizing its holder to purchase a stated number of shares of stock at a stated price, usually for a stated period of time.
D) It is a document by which shareholders can transfer their rights to vote at a shareholders' meeting to a second party.


D

Business

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The ________ inventory contains the basic components of the production process.

A) raw materials B) work-in-process C) finished goods D) capital goods

Business

The management at Consumer Research Systems, which has several hundred employees, is attempting to determine whether to apply the management by objectives (MBO) or behaviorally anchored rating scales (BARS) approach for evaluating job performance. In making their choice, they should consider the fact that

A. BARS allows for mutually agreed-upon objectives that are more measurable and specific that those associated with MBO. B. MBO focuses on performance behaviors, whereas BARS emphasizes both performance behaviors and results. C. BARS permits employees and managers to agree on a time period for achieving objectives, whereas MBO leaves this open-ended. D. MBO emphasizes results as much as performance behaviors, whereas BARS focuses on performance behaviors. E. MBO uses "critical incidents"-short descriptions of effective and ineffective behaviors-which are not part of the BARS system.

Business

The pooled proportion estimate is used when the null hypothesis states that the two population proportions differ by some non-zero number

Indicate whether the statement is true or false

Business

The DMADV process incorporates the principal activities of the design for six sigma. Which of the following activities included in DMADV focuses on identifying and understanding the market need or opportunity?

a. Design b. Measure c. Analyze d. Define

Business