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aleksandr82 [10.1K]
3 years ago
11

(a) Based on the information provided, describe the ways in which Volkswagen did not fulfill the requirements of effective corpo

rate governance.
(b) In what ways did the Board of Directors sidestep its obligations to protect shareholder interests?


(c) How could Volkswagen better select its Board of Directors to avoid mistakes such as the emissions
scandal in 2015?
Business
1 answer:
Lelu [443]3 years ago
3 0

Answer:

I believe Volkswagen did not fulfill the requirements of effective corporate governance mainly because the board didn’t have enough independent directors present.

The essential driver is the nonappearance of a solid gathering of independent directors. In view of German Corporate law, administration is given by a Management Board and a Supervisory Board, with representatives making up half of the Supervisory Board. This ought to have took into consideration in any event half of the Supervisory Board to be completely independent. While remaining inside the 'letter of the law,' they evaded the 'spirit of the law' by cycling recent former senior executives through the Supervisory Board Chairmanship position and other board positions. This had the impact of expelling genuinely independent oversight.

To select the next board members and avoid any future issues Volkswagen can keep in mind the following things about the board that it is :

Is well informed about the company’s performance.

Guides and judges the CEO and other top executives.

Has the courage to curb management actions the board believes are inappropriate or unduly risky.

Certifies to shareholders that the CEO is doing what the board expects.

Provides insight and advice to management.

Is intensely involved in debating the pros and cons of key decisions and actions

Explanation:

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The computerization of the layout and paste-up process further complicated printing, as did the digitizing of photographs. a. Tr
Anna35 [415]

Answer:

The correct answer is letter "A": True.

Explanation:

Digitizing photographs complicated printing since it pushed printers' manufacturers to invest more in their development teams to create high-quality image printing devices. This was originated as a result of the spread of the paste-up process which allowed individuals to attach almost any image to their documents for printing purposes.

6 0
3 years ago
Which utility applies to a company that educates customers about its products’ features? A. form utility B. knowledge utility C.
grandymaker [24]

Answer:

C. possession utility

Explanation:

The explanation can be justified by the definition of these terms.

<em>Possession utility </em>is a term used to refer the value that the company offers to the consumers if they purchase or use the product in the way that the company made it for - similar with the feature of products. In general, it is the perceived value from the products.

Meanwhile: Knowledge utility is created from the increase in knowledge of the consumers about the product. This applies to the customers. Form utility is created when there is change in the shape or forms of products. Place utility is about making goods and services accessible to the potential consumers. And price utility is about making products affordable with customers and reasonable with the value it offers.

3 0
3 years ago
Connie has AGI of $90,000 and owns rental property generating a $27,000 loss. She actively manages the property. Her deductible
Sedbober [7]

Answer and Explanation:

Her deductible loss is $27,000.

8 0
3 years ago
In an exchange, archie gave up his fully depreciated business-use dump truck (fmv $15,000) and $5,000 for a newer business-use d
TiliK225 [7]

Answer:

The realized gain is 0

Explanation:

The fair market value of the truck that archie gives up is $15,000 and the new truck he gets has a fair market value of $20,000. Archie also gives $5,000 in cash plus his old truck in order to buy the new truck.

Gain= Fair market value of new truck -Fair market value of old truck - Cash paid

Gain = 20,000-15,000-5,000

Gain = 0

5 0
3 years ago
By offering more generous unemployment insurance programs, European countries can expect Group of answer choices longer periods
natulia [17]

Answer:

Longer periods of unemployment for their workers.

Explanation:

Unemployment is when people who are willing and able work do not have jobs

Types of unemployment

structural unemployment is an unemployment that occurs as a result of changes in the economy. These changes can be as a result of changes in technology, polices or competition. Structural unemployment tends to be permanent.  

Frictional unemployment:  the period of time a person is unemployed from the period he leaves his current job and the time he gets another job. Eg. when a real estate agent who leaves a job in Texas and searches for a similar, higher-paying job in California.

Voluntary unemployment: e.g. worker at a fast-food restaurant who quits work and attends college.

Cyclical unemployment: it occurs as a result of fluctuations in the economy. Unemployment would be high in a downturn and low in a boom  

If a government gives generous unemployment insurance programs, there would be less incentive to find jobs because one of the main reasons why people would want to work is to have money. If the government provides generous pay to the unemployed, there would be less motivation to work and unemployment increases

6 0
3 years ago
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