A negative view of the board of directors include: a) Bords are seen as “rubber stamps” b) Boards are seen as being resistant to changes proposed by management c) Both A and B d) Neither A and B
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124) A negative view of the board of directors include:
a) Bords are seen as “rubber stamps”
b) Boards are seen as being resistant to changes proposed by management
c) Both A and B
d) Neither A and B
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- what's the role of the Board of Directors, the Risk Committee, the Audit Committee, and their relationship to each other in organizational governance.4. A group of shareholders reviews with their external consultant the actions carried out so far in terms of internal control. The latter points out one of the following actions as inappropriate, to the point that it must be corrected immediately: Select one: a.Integration of mechanisms and company rules to establish a monitoring and authority system aimed at achieving its objectives. b.Reactive participation of Senior Management in the organizational evaluation. c.Correction of deviations, through quantitative indicators. d.Regulation of activities and behaviors of collaborators to direct them to the objectives.Actions, policies, and procedures that reflect the overall attitude of management,directors, and owners of the entity about internal control relate to which of thefollowing internal control components?(1) Control environment (3) Risk assessment(2) Information and communication (4) Monitoring
- 123) How does awarding managers stock options help align the goals of managers and stockholders? a) If top management has stock options that become valuable at a particular price (higher than the prevailing markets price), management will b incentivized to improve company performance so the option can be exercised at the higher price b) Stock options guide managers in allocating funds for training c) If top management has stock options that become valuable at a particular price, they will be incentivized to buy and sell stocks d) This will help the managers and stockholders learn to work with each other as the managers will look to stockholders for advice on stock handlingWhich ONE of the following is not a valid difference between executive and non- executive directors? Select one: O 1. Executive directors work full-time, whereas non-executive directors work part-time. O 2. Executive directors tend to be paid considerably more than non- executive directors. 3. Executive directors are involved in the management of the company, whereas non-executive directors are not expected to be involved in management. 4. Non-executive directors should be independent, whereas the executives will usually not be.a. Explain mission of Bonia Company: What business(es) is the corporation in? Why?b. Explain objectives of Bonia Company: What are the corporate, business, and functional objectives? Are they consistent with each other, with the mission, and with the internal and external environments?c. Explain strategies of Bonia Company: What strategy or mix of strategies is the corporation following? Are they consistent with each other, with the mission and objectives, and with the internal and external environments?
- Which board of directors committee is responsible for the appointment of new board members? Select one: O Selection O Nominating O Placement O Appointment Jump to...V1 Analyze a selected company, its operations, and its associated industry and evaluate these areas for development of a business plan for growth to increase revenues by 10% over the next five years with ethical financial practices. 1. Recommend three or more well-defined improvements to corporate governance over the internal controls supported with examples of how the recommendations would impact the company's financial statements. The recommendations could be for improvement of sales, justification of opening different markets, or enhancement of current operations.Management considers various factors such as the goals and strategies of the firm, its size, and the structure of its competitors before choosing the right structure for a company. ) a) True ) b) False
- Which of the following statements is true about the positions indicated on the organisational structure below: Board of Directors Financial Advisor Assistant to MD Manager Division-A Managing Director Manager Division-B Human Resource Manager Legal Advisor Manager Division-C A. The Human Resource Manager holds Staff Authority OB. The Financial Advisor has line authority OC. The Managing Director holds Staff Authority. OD. The Board of Directors constitute members of first-line management Clear my choiceModule: Strategic Management Practices 1. Analyse the effectiveness of defensive strategies ( Retrenchment, divestiture & liquidation) for a company, using appropriate examples of your own.1. Explain the Decision Roles of Management a. Explain the following aspects of Management. !.Management of People !!.Management of Work !!!.Management of Operations b.In order to plan successfully, there must be SMART goals. Explain the importance of each concept of the “SMART” in relation to successful planning. c.Explain the following basis of Planning in the formulation of organizational goals. !.Mission of the organization !!.The Environment of the organization !!!.The Values of the organization 2.a. Explain the following terms: i.Efficiency ii.Effectiveness b. Distinguish between effective managers and successful managers.