Which of the following is an example of a conflict of interest that an effective corporate governance system would mitigate or eliminate?
A) A majority of the board is independent of management
B) Directors identify with the managers' interests rather than those of the shareholders.
C) Directors have board experience with companies regarded as having sound governance practices.
Answer: B) Directors identify with the managers' interests rather than those of the shareholders.
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In smaller companies,
A. it is important to have a person whose only job is planning the workforce needs of the company. B. workers plan the workforce needs of the company. C. only the founders can plan the workforce needs of the company. D. it usually falls on the managers to plan the workforce needs of the company.
Which of the following is a distribution system that uses different channels and communication methods to reach and serve a target market?
A) a vertical marketing system B) a horizontal marketing system C) a hybrid marketing system D) a logistics system E) an intensive distribution system