Was the Barings board of directors culpable for the losses of Nick Leeson?
What will be an ideal response?
No one expected (or wanted) Barings' board of directors to be involved in the operational business of Barings Bank. Its responsibility was to make sure management had reporting systems in place that would expose risks of the nature and magnitude Leeson was taking. Barings' board of directors can also be criticized for ignoring the warnings of internal auditors, external auditors, and regulators.
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A) raw material exporting B) industrializing C) subsistence D) industrial E) totalitarian
An automobile windshield manufacturer wants to verify that their process is producing windshields of an appropriate thickness. The best tool to determine this information is a(n):
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