The Revised Model Act would permit the directors to avoid a shareholder vote for which of the following amendments to the articles of incorporation?
a. Changing the name from The Oscar Company to McDuddy Corporation.
b. A change from duration of 99 years to perpetual life.
c. Authorizing a new class of stock.
d. Adding to the number of directors.
b
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The ________ the level of environmental sensitivity for a given product, the ________ the need for managers to address country-specific economic, regulatory, technological, social, and cultural environmental conditions
A) greater; greater B) lower; greater C) greater; lower D) lower; lower E) stronger; greater
Which of the following is true of self-liquidating premiums?
A. They are also known as cost-plus premiums. B. They are usually delivered directly to the customers' doorsteps. C. They are used for lightweight, nonperishable products. D. They require customers to pay for the mailing costs. E. They are typically offered at higher-than-retail prices.
Which approach to planning begins with an analysis of an organization's mission?
A) Top-down planning B) Top-down projects C) Bottom up planning D) Bottom up goals
The management of Leitheiser Corporation is considering a project that would require an initial investment of $51,000. No other cash outflows would be required. The present value of the cash inflows would be $57,630. The profitability index of the project is closest to (Ignore income taxes.):
A. 0.13 B. 1.13 C. 0.87 D. 0.12