Answer the following statements true (T) or false (F)
1. Corporate governance can be defined as the system that is used by firms to control and direct their operations and the operations of their representatives, the employees.
2. Great leaders are stewards of the ethical commitment of the firm, and this commitment is transferred to the employees.
3. All of the outside board members should meet at least once a year without the presence of the CEO.
4. The passive board is also called the rubber stamp board.
5. An intervening board allows the CEO and the top management team to take all the major decisions.
1. TRUE
2. TRUE
3. TRUE
4. TRUE
5. FALSE
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Which type of corporate name reveals what a company does?
A) overt B) implied C) conceptual D) iconoclastic
In which of the following projective techniques is the respondent presented with a verbal or visual situation and asked to relate the feelings and attitudes of other people to the situation?
A) association technique B) completion technique C) construction technique D) evaluation technique E) expressive technique
Frequent use of various emphasis techniques helps a reader focus on significant content
Indicate whether the statement is true or false
Which of the following events would have the best chance of excusing performance of a contract based on commercial impracticability?
a. The price of a raw material increases slightly so that the contract will not be as profitable. b. An unforeseeable trade embargo causes prices to triple. c. The promisor of personal services dies. d. The subject matter of the contract is destroyed.