15) Amanda is a professor at a local college who serves on the board of directors for EduPub, a leading academic publisher. She is a valued member of the board because she brings her unique perspective from the field, and she is qualified, knowledgeable, and independent of the company. Amanda is A) a corporate officer. B) a field director. C) an inside director. D) an outside director. E) a chief executive officer. 15)

15) Amanda is a professor at a local college who serves on the board of directors for EduPub, a leading academic publisher. She is a valued member of the board because she brings her unique perspective from the field, and she is qualified, knowledgeable, and independent of the company. Amanda is A) a corporate officer. B) a field director. C) an inside director. D) an outside director. E) a chief executive officer. 15)

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

See similar textbooks

Similar questions

14 - Which of the following is not the responsibility of Board of Directors in organizations? a) O Directing activities toward the accomplishment of corporate objectives b) O Hiring and firing CEO c) O Controls, monitors, or supervises top management d) O Sets corporate strategy, overall direction, mission, or vision
Outsourcing strategies O are nearly always a more attractive strategic option than merger and acquisition strategies. ○ carry the substantial risk of making a company overly dependent on its suppliers. ○ carry the substantial risk of raising a company's costs. O increase a company's risk exposure to changing technology and/or changing buyer preferences. O involve farming out value chain activities presently performed in-house to outside specialists and strategic allies.
consists of Board of Directors, Managing Director, CEO and General Manager. a. None of the options are correct b. Top Level Management O C. Middle Level Management O d. Lower Level Management Ciear my choice
INSTRUCTIONS: Create a 2-3 fictitious organization related to the tourism and hospitality industries such as travel agency, airline of food and beverages. This organization should have a NAME and a set of VISION, MISSION, and VALUES. Provide a brief background of your organization. Kindly also provide a LOGO for the company. Assume that each 6 members of your group takes a top management position in your organization. As the organization's top management, the group is tasked to come up with strategic goals and objectives. Make sure to align the goals and objectives to your VISION, MISSION, and VALUES. Use the SMART Goals Framework in coming up with your goals and objectives.
88) Which of the following best describes what strategy implementation is from a behavior perspective? a) The Behavior and activities related to the implementation of a new software system. b) Those senior-level leadership behavior and activities that will transform a working plan into a concentrate reality. c) Those senior level activities that determine which compensation plan is used. d) Those activities that determine how elasticity of demand is transformed from a working plan to a business strategy
Which of the following is not part of the procedure for evaluating the pluses and minuses of a diversified company's strategy and deciding what actions to take to improve the company's performance? Copyright by Glo-Bus Software, Inc. Copying, distributing, or 3rd party website posting isexpressly prohibited and constitutes copyright violation. O Crafting new strategic moves to improve overall corporate performance Checking the company's present business lineup for both resource fit and cross-business strategic fits O Conducting a SWOT analysis of each business the company has diversified into O Ranking the performance prospects of the various businesses from best to worst and determining what the corporate parent's priorities should be in allocating resources to its various businesses O Assessing the attractiveness of the industries the company has diversified into, both individually and as a group
According to COSO, which of the following differences relevant to the risk-assessment process is most likely to exist bel large entity and a small entity? O A. O B. O C. O D. The CEO of a small entity is more likely than the CEO of a large entity to be attuned to risks arising from internal factors through hands-on involvement with all levels of personnel. The risk-assessment process in a small entity is more structured than in a large one because of the nature of some of the internal control components in a small entity. An owner-manager of a small entity will not normally learn about risks arising from external factors through direct contact with customers, suppliers, and other outsiders, whereas in large entities this process is part of the entity's primary way of identifying new risk. Risk assessment in a small entity, as opposed to that in a large entity, can be problematic to implement because the in- depth involvement of the CEO and other key managers is a conflict of interest…
1. If you are the manager of the ABC Company how would you plan your organization?Explain all the dimensions of planning within an organization.2. What communication channel would you select if you had to give an employeefeedback about the way he mismanaged a call with a key customer? What channelwould you use to announce to all employees the deadline for selecting new healthcareplans? Why?3. You are employed in a student organization of Akhuwat College, how various activitiesand events are organized through the use of six element of organizational structure.Elaborate with the practical examples?
What are the roles and functions of chairman/president of the company? Note: PLEASE NO PLAGIARISM. Thaank you
1. A plan of action or policy designed to achieve a major or overall aim is BEST identified as a: A. Vision B. Mission C. Strategy D. Strategic Management 2. According to Abell's Framework, a business can be best defined by examining all of the following EXCEPT: A. Customer needs B. Customer groups C. Technology D. External Factors 3. speaks to anything that a firm does especially well compared to rival firms. A. Competitive advantage B. Absolute advantage C. Comparative advantage D. Internal resources 4. Which of the following is an aspirational description of what an organization would like to achieve or accomplish in the mid-term or long-term future? A. Mission Statement B. Vision Statement C. Goal D. Objectives 5. Which of the following is a written declaration of an organization's core purpose and focus that normally remains unchanged over time? A. Mission Statement B. Vision Statement C. Goal D. Objectives 6. Which approach to competitive advantage advocates that external factors…
You are an employee working in the accounts office of Ukweli company listed on the Nairobi stock Exchange, and while working late one evening during the week, you realized that you had left your expensive pen in the boardroom at an earlier meeting and, given its value, you went upstairs to look for it. As you approached the door you heard the following discussion which was between the company C.E.O (Chief Executive Office and Brian (a Non -Executive director). “C. E.O: I am deeply concerned that if this fall in profit figures is disclosed in the next annual report, there will be all sorts of problems with the shareholders. We may even lose a number of big investors. Brian (also the cousin of the Chief Executive): (large sigh) Well, I suppose we could always find a way of making them look better. C.E.O: How? I can't see it at all. Brian: Well, we could make them just slightly higher than last year's figures by including the proceeds of the sales of our toothbrush division. C.E O: But…
50. Which of the following is one of the advantages of ethical decision-making as a long-term business strategy?a. Ethical behavior will increase short-term profits.b. Ethical behavior will provide positive press opportunities.c. Ethical behavior can ensure positive employee relationships.d. Ethical behavior can provide significant competitive advantage.