Which of the following sparked renewed interest in corporate governance?
a. Scandals among CEOs who were eventually convicted of fraud.
b. Advances in technology that have dramatically improved communication.
c. Rising oil prices as well as higher prices for many other natural resources.
d. High-profile businesspeople creating charitable foundations.
e. An increasingly diverse workforce.
a. Scandals among CEOs who were eventually convicted of fraud.
CEOs of firms such as Enron, WorldCom, Tyco, and Adelphia did the things in recent years that got them convicted for fraud. After the scandals, there was a resumed interest in what is known as corporate governance, the system of governing a company so that the interests of corporate owners and other stakeholders are protected.
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Wage plans that encourage employees to work harder and earn more by producing a high level of output are known as:
a. Contributory plans. b. Salary wage plans. c. Incentive wage plans. d. Hourly-rate plans.
The most unlikely element of a localized multidomestic strategy is
A. adapting marketing and distribution to the buying habits, customs, and culture of each host country B. granting country managers fairly wide strategy-making latitude C. scattering plants across many host countries, each producing product versions for local area markets D. selling directly to buyers (perhaps via the company's website) to avoid having to establish networks of wholesale/retail dealers in each country market E. considering the preference for local suppliers (use of some local suppliers may be mandated by host governments)
Which of the following is NOT a tip on taking lecture or meeting notes?
A. Listen for cues that something is important. B. Leave a wide left-hand margin in your notes. C. Use complete sentences, not phrases. D. Begin a new page for each meeting or session.
Which of the following is likely to decrease an employer's bargaining power?
A. A strong economy. B. A large number of products in inventory. C. Slowed or idle plants in other parts of the country. D. A loose labor market.