Which type of board is actively involved in all the major decisions of the firm? Select one: O Operating O Proactive O Engaged O Intervening
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- Superview Company took the route of an informal proposal to get a second chance. What were the merits and demerits of this proposal and what other alternatives were available to management?Select an organization/business of your choice and apply the followinginstructions:1. Provide a one-page description of the organization/business in terms of its strategyand the products and services it offers.2. Provide a one-page description, determine whether or not the organization/business has an explicit relationship management-based strategy.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...
- 9- Occidental Oman is thinking to merge with another company in the oil industry. In this regard who are the ultimate decision-makers on the direction of a company? a. Shareholders b. Bankers c. None of these d. Debenture holdersDan Grayson felt physically and emotionally spent and was ready for a time-out from his daily office routines. He was a self-identified workaholic with broad experience and knew the responsibilities of his position. He was never given a project that he did not relish doing, but this orientation would soon become problematic. Accordingly, as the number of projects under his purview grew, he became stretched and stressed. Thus, it came as no surprise that he would be waiting with hurried anticipation for the Christmas–New Year break, a week of paid time off. Generally, Dan enjoyed his position as program director for the Credit Builders Association (CBA), a national 501(c)(3) nonprofit organization that provided training and resources for low-income clients with credit problems. He loved being able to help vulnerable people establish creditworthiness and have a lasting impact on the lives of others in this way. Although national in scope, CBA had a staff of only ten employees—a…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
- 3.→Find one company that implemented a functional structure within its firm and explain why it chose this structure over another. 4. → What type of company would you rather work for? (divisional or functional structure) and | why? 1A Firm’s history is given in a timeline from its inception in Year 1995 to Current Year: 1995 Invented and filed patent for software that improved production process.1997 Introduced new innovations that went on the market at low price.Major sales growth with expansion of the market share.2000 Anotherfirm emerges as a serious competitor with new technology.2003 Management observing its products are not doing good business decides to diversify.2006New chief executive takes up position.2097Firm abandons its low profit businesses to begin to invest in new products.2010 Firm filed a petition against anti-competitive trade practices but lost the case.2012 Becomes a high-cost manufacturer with a growing portfolio of products which was losinghundreds of millions of dollars annually.Restructuring that eliminated 10,000 jobs and cut more than $1 billion from annual costs.2015New CEO took over reigns of the firm. To raise money, begins selling patent of select portfolio and concentrates on narrow…Samia's interior decorating business has grown since she opened it by herself three years ago. Now she has another decorator who shares in the managerial decision- making and profits, as well as six decorators who share in the basic workload. Samia has restructured her company to reflect these changes and only these changes. What kind of company does Samia have now? O a. A limited partnership O b. A limited liability partnership O c. A sole proprietorship O d. A general partnership
- Based on what is ideal such as from books, literatures, published articles, and from the principles of our module, evaluate which of the following statements are correct? Statement 1: The vision, mission and goals (VMGs) of the firm are intended for display and brand imaging while on the other hand, the planning phase reflects the current aspiration of the executives. Statement 2: When executives direct a decentralized firm, they keep the plans only for themselves and share only to those whom they like. Statement 3: Employees are generally intrinsically motivated therefore there is no need to establish programs for appreciations, rewards and merits. Statement 4: Controlling is ensuring that unlikeable employees will not partake in the activities and functions of the firm. Statement 5: Decision-making are only for executives and other stakeholders may not necessarily participate or to be considered in a decentralized firm. a. All b. 1, 2 and 3 c. 2, 3 and 4 d. 3, 4 and 5 e. 1, 3 and 5…8. Managers in a small firm use the PESTLE model to consider a new venture. They have discussed the social, legal, political, and economic effect of the venture. Which other consideration should they deliberate? A.Threats B.Strategy C.Environment D.ProfitabilityWhich board of directors committee is responsible for monitoring the internal operations of the firm? Select one: O Corporate Compliance O Auditing O Corporate Governance O Evaluating Jump to...