Liberty BUSI 400 Learnsmart Chapter 9 Answers Complete Solutions
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Which of the following actions that can have a positive influence on the dynamics of the boards of directors?
Rule-based controls are most appropriate for organizations that have which of the following?
Which of the following statements are true regarding the role that good corporate governance plays on the decision to invest in companies?
Which of the following statements regarding controls in a bureaucratic organization are correct?
Principal-principal conflicts are conflicts between controlling shareholders and __ shareholders.
Which of the following has a fiduciary duty to ensure that the company is run consistently with the long-term interests of the business owners or shareholders and to act as an intermediary between the shareholders and management?
Which of the following are ways that a board of directors an incentivize managers to make decisions that are in the company’s shareholders’ interest?
Which of the following are reasons for emphasizing both culture and rewards in a system of behavior controls?
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When controlling shareholders conduct activities that enrich the controlling shareholders at the expense of the minority shareholders, they are engaging in ______.
The risk of being acquired by a hostile raider is often referred to as the __ and deters opportunistic behavior by management.
A set of firms that, though legally independent, are bound together by informal and formal ties and are accustomed to taking coordinated action are known as __.
The board of directors functions as a “go between” for the .
Which of the following are steps that organizations can take to evolve the organization from boundaries to rewards and culture?
Research of boards of directors shows that simple restrictions, such as a requirement that a majority of the board members be outside directors, is enough to make the operations of the board effective.
The control process that continuously updates and challenges assumptions that underlie the organization’s strategy is __ control.
Unity-of-command advocates believe that a CEO can act more efficiently and effectively when holding the positions both of CEO and chairman of the board.
Actions by large shareholders to protect their interests when they feel they are not receiving value maximization is called __.
Which of the following are appropriate conditions for using the traditional approach to strategic control?
Agency theory is concerned with resolving which of the following problems that can occur in agency relationships?
Managers consider both external and internal factors to determine how to achieve appropriate ______________ control over the individuals who work for the organization.
The leadership structure where the CEO acts as both the chief executive officer and the chair of the board of directors is called CEO .
A mechanism created to allow for different parties to contribute capital, expertise, and labor for the benefit of each party is called a(n) __.
The set of unwritten standards of acceptable behavior in an organizational is called organizational __.
The relationship between various participants, including shareholders and management, in determining the direction and performance of corporations is called __.