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Readme [11.4K]
2 years ago
11

Jacob is a senior manager at Aries LLC. He has been earning significant bonuses in addition to his salary. He often misrepresent

s the financial information about the operations he handles, and he acquires more financial resources than he actually needs to run operations. Which of the following concepts is illustrated in this scenario?A) Glass-ceiling effectB) Self-dealingC) Agency strategyD) Takeover constraintsE) Stock options
Business
1 answer:
Mila [183]2 years ago
7 0

The name of the concept <em>which is illustrated</em> in this scenario about Jacob seeking deals that would <em>benefit his own interests more than the company </em>he is representing is known as:

  • B. Self dealing

According to the given question, we are asked to state the name of the concept <em>which is illustrated</em> in this scenario about Jacob seeking deals that would <em>benefit his own interests more than the company </em>he is representing.

As a result of this, we can see that Jacob is self dealing because he is acting in his own interests in order to get significant bonuses in addition to his salary.

Therefore, the correct answer is option B

Read more about self dealing here:

brainly.com/question/7212688

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Timothy was tasked with creating the budget for the next fiscal year. He had to create a cost-profit analysis report of all the
Helga [31]

Obviously, Mr Timothy’s position within the company is Chief Financial officer

Chief Financial officer is the officer responsible for management of company's finances and top-level budgets.

So, as the Chief Financial officer, his responsibility includes:

  • creating the budget for a fiscal year
  • creating a cost-profit analysis report
  • identifying avenues for possible cost reduction in the budget

In conclusion, Mr Timothy’s position within the company is Chief Financial officer

Read more about CFO

<em>brainly.com/question/25511920</em>

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OverLord2011 [107]
the answer is is is
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3 years ago
planning concerned with long-range decisions such as defining the scope of business is referred to as
oksano4ka [1.4K]

Answer: strategic planning

Explanation:

A planning concerned with long-range decisions such as defining the scope of business is referred to as the strategic planning.

Strategic planning helps in giving a business or an organization a direction which is required in knowing where the company is presently and where the company intends going.

The strategic plan shows the visions,, missions, of the organization and the necessary steps that such organization will take to achieve its goals.

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After obtain a licens,a license must comply with the dbo ommisioner rules and regulations, which is true regarding the finance l
bonufazy [111]

Answer:

True

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Top management has a major impact on the organization's culture by ________. providing a framework for metamorphosis of new hire
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