________ are items that focus organizational effort toward improving the organization's
competitive strength and its long-term market position.
A) Objectives B) Competitive advantages
C) Missions D) Operations
A
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Per the Sarbanes-Oxley Act of 2002, public corporations must establish a compensation committee to determine how its top executives will be compensated
Indicate whether the statement is true or false
Which of the following is/are not true?
a. Firms may issue capital stock (preferred or common) for cash or for noncash assets. b. Firms usually issue shares for cash at the time of their initial incorporation and at periodic intervals as they need additional shareholder funds. c. Firms sometimes issue shares to employees as compensation. d. The issue price for preferred stock usually approximates its par value. e. none of the above
The assumption that the actions of the corporation are desirable, proper, or appropriate within the limits of the corporation is called _______________.
a. Power b. Legitimacy c. Urgency d. Reliability
Employment Relationships. Matt Theurer, an eighteen-year-old high school senior, worked part-time at a McDonald's restaurant in Oregon. Theurer volunteered to work an extra shift one day, in addition to his regular shifts (one preceding and one
following the extra shift). After working about twelve hours during a twenty-four-hour period, Theurer told the manager that he was tired and asked to be excused from his next regularly scheduled shift so that he could rest. The manager agreed. While driving home from work, Theurer fell asleep at the wheel and crashed into a van driven by Frederic Faverty. Theurer died, and Faverty was severely injured. Faverty sued McDonald's, alleging, among other things, that McDonald's had been negligent in permitting Theurer to drive a car when it should have known that he was too tired to drive safely. Do employers have a duty to prevent fatigued employees from driving home from work? Should such a duty be imposed on them? How should the court decide this issue? How would you decide the issue if you were the judge?