Exam 11: Corporate Performance, Governance, and Business Ethics

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_____ is a source of gaining wealth by corporate raiders who benefit by pushing companies to either change their corporate strategy to one that will benefit stockholders,or by charging a premium for these stocks when the company wants to buy them back.

(Multiple Choice)

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Question 61

When corporate CEOs and top managers use their power and control over funds to satisfy their personal desires for wealth or status,it is called:

(Multiple Choice)

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Question 62

Principals almost always have more information about the resources that agents are managing than the agents themselves.

(True/False)

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Question 63

Maximizing long-run profitability and profit growth is the best way to satisfy the claims of several key stakeholder groups irrespective of how the company accomplishes this goal.

(True/False)

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Question 64

In order to reduce its production costs,Delta LLC has moved its manufacturing facilities to an under-developed country where there are few labor laws.The employees at the manufacturing facilities are children and teenagers,and they receive minimal wages.Which of the following ethical issues is illustrated in this scenario?

(Multiple Choice)

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Question 65

Inside directors are not full-time employees of the company.

(True/False)

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Question 66

Members of the Board of Directors are supposed to be agents for:

(Multiple Choice)

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Question 67

A union and the general public are examples of internal stakeholders.

(True/False)

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Question 68

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_____ is a source of gaining wealth by corporate raiders who benefit by pushing companies to either change their corporate strategy to one that will benefit stockholders,or by charging a premium for these stocks when the company wants to buy them back.

When corporate CEOs and top managers use their power and control over funds to satisfy their personal desires for wealth or status,it is called:

Principals almost always have more information about the resources that agents are managing than the agents themselves.

Maximizing long-run profitability and profit growth is the best way to satisfy the claims of several key stakeholder groups irrespective of how the company accomplishes this goal.

Inside directors are not full-time employees of the company.

Members of the Board of Directors are supposed to be agents for:

A union and the general public are examples of internal stakeholders.

Strategic Leadership: Managing the Strategy Making Process for Competitive Advantage

External Analysis: The Identification of Opportunities and Threats

Internal Analysis: Resources and Competitive Advantage

Building Competitive Advantage Through Functional Level Strategies

Business Level Strategy

Business Level Strategy and the Industry Environment

Strategy and Technology

Strategy in the Global Environment

Corporate-Level Strategy: Horizontal Integration, Vertical Integration, and Strategic Outsourcing

Corporate Level Strategy: Related and Unrelated Diversification

Implementing Strategy Through Organization

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