1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Ludmilka [50]
3 years ago
11

One of the leading indicators of concentrated family ownership and control is the appointment of family members as board chairma

n, CEO, and other TMT members. a. True b. False
Business
1 answer:
Aleksandr-060686 [28]3 years ago
5 0

Answer:

TRUE

Explanation:

According to Mike Peng and his book "Global Business", these indicators help to identify problems such as: principal-principal conflicts (problems between controlling shareholders and minority shareholders), expropriation and tunneling ( when managers from the controlling family divert resources for personal use or family use).

You might be interested in
Akika Corporation started as a small firm and has grown substantially in the past decade. Its interests span from electronics to
lakkis [162]

Answer:

a. Unity of direction

Explanation:

Unity of direction: In this principle, the direction of work is given by the higher authority with a view to achieving the organizational objective.  

Division of work: In this principle, the work is divided between many subordinates/ employees, so that the task should be done in proper time and in an efficient & effective manner.

Scalar chain: This scalar chain represents the rank from high authority to low authority in a straight line so that proper communication/ cooperation can be done without any misunderstanding.  

Unity of command: In this principle, the employees are responsible for only one person/ one supervisor/ one commander.  

In the given scenario, the unity of direction principle applies as the board of directors wants to establish an independent business so that each domain objective can be achieved so that it becomes to accomplish the organizational objective.  

6 0
3 years ago
What is strategic procurement ​
Elodia [21]

Hi There :D

Basically it's advanced planning, scheduling, and group buying initiatives, a firm can experience significant cost savings

6 0
3 years ago
Maya opened a bakery in a seaside resort town. She was positive she had the perfect location as plenty of hotels and inns were w
Ksivusya [100]

Answer:

B) underestimated the competition.

Explanation:

Maya is trying to pursue a dream of having her own bakery in a vibrant seaside resort town and thought that by using her grandmother's recipes, her business would be a success. But in order for a business to be successful, it takes more than just a great product (or great cookies, muffins, etc.).

The first thing you need to do is analyze the external environment and what other products are offered by your competition. That way you will be able to determine the opportunities or threats to you new venture. E.g. since the town hosts several upscale and expensive resorts, the clients are wealthy and that market attracts good chefs. I'm not sure if they hand out Michelin stars to bakeries, but if you have very good products offered by your competition, then you must work twice as hard.

8 0
3 years ago
Who likes anime?!!!!!!!
SIZIF [17.4K]

Answer: my friend

Explanation:

8 0
3 years ago
Read 2 more answers
ou plan to deposit $5,900 at the end of each of the next 20 years into an account paying 10.8 percent interest. a. How much will
Furkat [3]

Answer:

$326,622.73

Explanation:

Calculation to determine How much will you have in your account if you make deposits for 20 years

Using this formula

Future value = Annuity × {( 1 + interest rate) ^ time period - 1} ÷ interest rate

Future value = $5,900 × {( 1 + 0.097 ^ 20 years - 1} ÷ 0.097

Future value= $5,900 × 55.3597842916

Future value= $326,622.73

Therefore the amount you will have in your account if you make deposits for 20 years is $326,622.73

6 0
2 years ago
Other questions:
  • Assume that a single commercial bank has no excess reserves and that the reserve ratio is 20 percent. If this bank sells a bond
    15·1 answer
  • Draw a supply curve of smartphones. Label it. Use any prices and quantities you wish but make your supply curve obey the law of
    15·2 answers
  • JG Asset Services is recommending that you invest $1,275 in a 5-year certificate of deposit (CD) that pays 3.5% interest, compou
    14·1 answer
  • What do batchmakers do?
    5·1 answer
  • The term "marginal investor" means an investor who is active in the market and would tend to buy a stock if its price fell and s
    5·1 answer
  • Which of the following is a potential safety hazard?
    13·2 answers
  • Sumner sold equipment that it uses in its business for $31,800. Sumner bought the equipment a few years ago for $79,100 and has
    10·1 answer
  • No trespassing signs are an example of owners enforcing their right to
    8·1 answer
  • Intuitive decision making uses ____ to make decisions
    8·1 answer
  • To determine a product selling price based on the total cost method, management should include?
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!