Which of the following is true of the standard of corporate governance?
A. It is a set of guidelines that has been universally adopted by all business organizations.
B. It focuses on establishing a leadership pipeline for an organization.
C. It appears to be at its lowest level in recent business history.
D. It does not ensure that an organization's officers fulfill their obligations to the stakeholders.
Answer: C
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Which of the following statements does not properly reflect the new rules for accounting for minority equity investment securities, if fair value is not readily determinable?
A. If reported at cost, the reported value is updated when circumstances indicate the asset's value is impaired. B. If reported at cost, the reported value is to be updated when there is an observable transaction. C. If there are changes in carrying value, they are not to be reported in net income. D. Firms may opt to report at fair value or report at cost.
The performance formula is ______.
a. performance = motivation + ability + resources b. performance = effort x ability x resources c. performance = motivation x ability x resources d. performance = motivation x effort x talent
Demand can be positively stimulated by the use of which of the following demand management techniques?
a. Closing facilities b. Increasing prices c. Aggressive marketing d. Capacity reduction
Epic Systems Corporation, a provider of IT systems for hospitals and clinics, is widely recognized in its industry for its superior products and high customer satisfaction. One of the major reasons for its recognition is that the company is grounded in and shaped by its core values and ethical standards and drives a shared commitment to achieve the firm's strategic and financial objectives. True or false? For what reasons?
What will be an ideal response?