What should MGAG's board of directors have done differently? Did corporate governance fail?
What will be an ideal response?
The board can be criticized for not having in place a better risk management reporting system that would have exposed MGRM's exposures earlier. Because this is a major responsibility of all boards of directors, the disappointing supervision by MGAG's board
in this area may be viewed as an example of ineffective corporate governance.
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The effective exchange of information is the foundation of most economic transactions. This is known as:
A) exchange theory B) personal selling C) the value-added economy D) the information economy E) the post-consumer economy
Data from Dunshee Corporation's most recent balance sheet appear below: Year 2Year 1Current assets: Cash$130 $100 Accounts receivable, net 270 290 Inventory 90 110 Prepaid expenses 10 10 Total current assets$500 $510 Total current liabilities$230 $220 Sales on account in Year 2 amounted to $1,170 and the cost of goods sold was $730.The acid-test (quick) ratio at the end of Year 2 is closest to:
A. 1.06 B. 1.74 C. 1.78 D. 2.17
What does Mats Alvesson mean by human capital advantage and human process advantage? In your answer explain why these two forms of capital are important for business success.
What will be an ideal response?
________ training focuses on identifying and reducing hidden biases against people with differences and developing the skills needed to manage.
A. Group B. Team C. Ethnicity D. Needs E. Diversity