Under SEC rules, a proxy document must:

A. state whether or not the proxy is coupled with an interest.
B. grant the proxy holder rights to purchase or sell shares on behalf of the shareholder.
C. prevent management and other shareholders from soliciting proxies.
D. include information on any material transaction between a nominee and the corporation.


Answer: D

Business

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Answer the following statement(s) true (T) or false (F)

1. Leader courage and humility are two characteristics consistent across all models of servant leadership. 2. Servant leadership is not used widely in leadership training programs. 3. Servant leadership can be applied at all levels of management in all types of organizations. 4. Leaders can both serve and influence their followers at the same time. 5. There is a lack of agreement among researchers on what specific characteristics define servant leadership.

Business

Which of the following observations is NOT true of monopolistic competition?

A. A number of different firms offer marketing mixes that at least some customers see as different. B. Most marketing managers in developed economies do not face monopolistic competition. C. Marketing managers try to differentiate very similar products by relying on other elements of the marketing mix. D. Competition exists because some customers see various alternatives as substitutes. E. Each competitor tries to get a monopoly in its own target market.

Business

If a manufacturer had no inventory of any kind but had orders for 10 finished units of their sole product, their buyer would know what parts to order if they were supplied with a:

A) backward schedule. B) bill of material. C) rough-cut capacity plan. D) planning horizon order sheet.

Business

Merc Enterprise is an independent distributor that distributes coffee machines and water purifiers to firms on a large scale. In addition to taking legal possession of the goods it distributes, the company also provides a complete array of services that includes warehousing, shipping, product repairs, and credit to its business buyers. In this scenario, it can be said that Merc Enterprises is a(n) _____.

A. store retailer B. broker C. agent D. merchant wholesaler

Business