The Olympus case was unique from a corporate governance perspective because it deals with:

A. A board of directors that was completely under the influence of the CEO
B. Cultural differences between Japanese management and western style of management
C. Cultural differences between U.S. and non-U.S. companies
D. A company that consistently overrides its internal controls and commits fraud


B. Cultural differences between Japanese management and western style of management

Business

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________ is a process for resolving disagreements by taking them to a panel composed of representatives from the organization at the same levels as the people in the dispute.

A. Mediation B. Outplacement counseling C. Peer review D. Arbitration E. Carve-out

Business

A typical factory overhead cost is:

a. Freight out. b. Stationery and printing. c. Depreciation on machinery and equipment. d. Postage.

Business

_______ means segmenting and targeting markets precisely and then tailoring offerings to match exactly the demands of those niches

a. Product leadership b. Customer intimacy c. Operational excellence d. Strategy

Business

Acme Global had to lay off 50 employees to cut costs. Acme Global is experiencing _______.

A. Job satisfaction B. Absenteeism C. Employee engagement D. Turnover E. Productivity

Business