CHAPTER 4 CORPORATE GOVERNANCE AROUND THE WORLD SUGGESTED ANSWERS AND SOLUTIONS TO END-OF-CHAPTER QUESTIONS AND PROBLEMS Questions 1. The majority of major corporations are franchised as public corporations. Discuss the key strength and weakness of the ‘public corporation’. When do you think the public corporation as an organizational form is unsuitable? Answer: The key strength of the public corporation lies in that it allows for efficient risk sharing among investors. As a
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Project Management‚ 2e (Pinto) Chapter 11 Critical Chain Project Scheduling 11.1 True/False 1) Once the organization elevates its constraint‚ its system has no constraint. Answer: FALSE Diff: 2 Section: 11.1 The Theory of Constraints and Critical Chain Project Scheduling Skill: Definition AACSB Tag: Reflective 2) An organization’s budget estimating process routinely misses the actual cost of a project by 25%. For the most recent project‚ the budget variance was a ridiculous 23%‚ but this
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Cost estimation define as the approximate judgement of the costs for a project. It will never be an exact science because there are too many variables involved in the calculation for a cost estimate‚ such as human‚ technical‚ environmental‚ and political. It involves a significant human factor can never be exact because humans are far too complex to be entirely predictable. Software development for any fair-sized project will inevitably include a number of tasks that have complexities that are
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NANCY MASTERSON SAKAMOTO American-born Sakamoto (b. 1931) lived with her Japanese hus band in Osaka and taught English to Japanese students. She is currently a professor at Shitennoji Gakuen University in Hawaii. “Conversational Ballgames” is a chapter from her text book on conversational English‚ Polite Fictions‚ published in 1982. Her contrasts of English and Japanese styles of conversa tion and her strategy for developing that contrast make us aware of the effect of cultural conditioning on
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Assignment 2: Case 3-3‚ easyCar.com 1. In Western Europe‚ the rental car industry is made up of many companies competing against each other‚ but only a handful of companies are actually dominant. According to the text‚ in most countries‚ the companies that were dominant were national or regional companies rather than companies that had a strong international presence. Many smaller companies also operated in each different country but generally only operated in a few locations. The rental car industry
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is no control over the price by the individual firms. Examples of goods and services are chewing gum‚ water‚ apple‚ etc. 2. Monopoly is a type of competition that doesn’t really have any competitors because it is firms that are regulated by the government. The MTA is a good example‚ because you cannot compete with that they are single sellers that have these businesses. 3. Oligopoly has a few competitors but it is difficult to enter into the business because they are a few major sellers‚ the products
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1. Using figure 4 only‚ comment on the characteristics on the urban landscape shown. Suggest how it could be improved. (7 marks) Using figure 4‚ it would appear that densely built shacks – which also appear poor quality - are evidence of shanty town development. Because this area appears so tightly built together (and therefore isolated from the rest of the city)‚ as shown in the bottom of the photograph‚ it will likely have contributed issues such as poor sanitation – whilst also suffered from
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Case 3.1 Enron: Understanding the Client’s Business and Industry Price‚ Ria; Walters‚ Jessica 1. Inherent risk‚ a component of the audit risk model‚ refers to the susceptibility of the accounts to material misstatement‚ without regard to the systems internal controls. Inherent risk is a function of the nature of the client’s business‚ the major types of transactions‚ and the effectiveness and integrity of its managers and accountants. A clear understanding of the audit client’s business model is essential in assessing
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write programs‚ you work with data in three different forms: ____. a. variables; literals‚ or unnamed constants; and named constants The priming read is an example of a(n) ____ task. a. housekeeping A ____ variable is not used for input or output‚ but instead is just a working variable that you use during a program’s execution. c. temporary A ____ read is an added statement that gets the first input value in a program. d. priming ____ is where a variable’s data type or other information is
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Week 3 individual CMGT/410 Christopher Morrison Project budget Our company will be holding a ten hour 2 day training course for the new company wide compliance system. This training will be hands-on and conducted in person at the riverside life arts building located at 4036 University Avenue riverside California. Training will take place upstairs in the main banquet hall. Training will begin at 10 a.m. on Saturday the 6th of December 2014. The second training session will take place at 10 a.m. on
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