MGT498 Week 2 – Practice: Week 2- Quiz
- Alexander works for Salamon Telecommunications Inc., a large corporation. His work requires him to travel extensively and, as a result, he spends much time working remotely. Taking advantage of the situation, Alexander often works on personal projects instead of company projects. Salamon Telecommunications has difficulty checking on Alexander’s work because he has no supervision in many of the places where he travels. This scenario exemplifies a(n)
- If a company has 25 million shares outstanding, and each share is traded at $400, the ______ is $10 billion.
- Which of the following is a recommended guideline for the composition of a board of directors to implement corporate governance?
- Which of the following is one of the implications of information asymmetry between principals and agents?
- Michael Porter is in favor of the shared value creation framework because he believes that it
- Global Reach Corp. is a public company whose shares are currently trading in the market at $150 each. The company manufactures smartphones at the cost of $300 per unit and sells them in the market for $500 each. What is the company’s producer surplus?
- Though the microwaves manufactured by Emergo Inc. and Sensation Electronics Inc. sell at the same price of $600 per unit, the economic value created by Emergo Inc. is more than that of Sensation Electronics Inc. In the context of this scenario, which of the following statements is true?
- Why did the San Francisco’s Metro Transit Authority (MTA) order Uber to cease and desist?
- Which of the following is a disadvantage of the balanced scorecard approach to measure firm performance?
- When using the balanced scorecard approach to assess a firm’s performance, which of the following is nota key question that managers need to answer?
- Red Hot Inc. and Maverick Cycles Inc. are two competing motorcycle companies. While Red Hot’s Cost of goods sold/Revenue is 63.4 percent, the Cost of goods sold/Revenue of Maverick Cycles is 54.2 percent. What do you infer from this financial data?
- Which of the following best exemplifies information asymmetry at Amber Narwhal Inc., a publicly traded software development firm?
- The sum of consumer surplus and producer surplus for a good or service equals the
- Which of the following is a problem that corporate governance seeks to address?
- Which of the following descriptions best exemplifies adverse selection?
- Quick Connect is an instant messaging mobile application. Users have access to a basic version with limited message recipients for free, but they have to pay a fee to have unlimited message recipients or to use advanced features. Which of the following business models does this best illustrate?
- One of the major differences between inside directors and outside directors of a company is that outside directors are more likely to
- The tenet behind the triple bottom line is that
- A leveraged buyout (LBO)
- What, according to Greg Smith, was the cause for the change in ethical climate within Goldman Sachs?
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