Corporate officers are the ________
A) people who elect directors of a company
B) official representatives of shareholders
C) top executives who run a corporation
D) middle level managers of a corporation
E) lower level employees of an organization
Answer: C
Explanation: Corporate officers are the top executives who run the company. Executives such as CEO and CFO are corporate officers.
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In order to increase an organization's efficiency by increasing productivity and/or lowering the firm's labor costs, an organization is likely to use
a. a Scanlon plan b. a profit sharing plan c. a gain-sharing plan d. All of the statements are correct.
Arbitration differs from litigation in which of the following ways?
Arbitration lacks many of the procedural rules of a court proceeding. A) Decisions of an arbitrator, unlike a judgement of a court, are never binding on the parties. B) Arbitration is normally faster and cheaper than having a trial. C) Both A and C D) All of the above