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Which of the following is true about a shark repellent?


A) It refers to the potential defenses against a hostile takeover attempt.
B) It refers to a potential buyer who is favorable to the existing management of a takeover target firm.
C) It refers to a takeover target firm's management repurchasing large blocks of stocks at a premium to avoid a potential takeover.
D) It refers to a takeover target firm selling additional stock to existing shareholders, increasing the shares needed for a viable takeover.
E) It refers to a lucrative financial settlement given to exiting executives of a taken over firm.

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A

Identify at least four dimensions along which Boston-based firm Kinder, Lydenberg and Domini & Co.(KLD) rates firms with the goal of measuring their corporate social performance (CSP).

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Following are the dimensions along which...

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List any four of the eleven aspects that are contained in the Sarbanes-Oxley Act.

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A few of the aspects contained in the Sa...

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Making the workplace an enjoyable environment is key to managing Generation Y

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Which of the following statements is true regarding the composition of the board of directors?


A) CEOs often favor significant representation by board outsiders.
B) Institutional investors favor people who have intimate knowledge of the firm's business affairs.
C) Making the CEO also the chairman of the board of directors helps avoid bitter divide within a corporation.
D) CEOs often favor the use of people who have intimate knowledge of the firm's business affairs.
E) Significant representation by board outsiders increases the potential for CEO duality.

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Which of the following is true about the fundamental attribution error?


A) It occurs when individuals react to arbitrary or irrelevant numbers when setting financial or other numerical targets.
B) It occurs when information that is more handy is incorrectly assessed to also be more likely.
C) It occurs when good outcomes are attributed to personal characteristics but undesirable outcomes are attributed to external circumstances.
D) It occurs when mistakes seem obvious after they have already occurred.
E) It occurs when individuals are more confident in their abilities to predict an event than logic suggests is actually possible.

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C

Who, among the following, has the power to potentially hire or fire the CEO of a publicly traded firm?


A) The federal government
B) Shareholders of the firm
C) The Secretary of State
D) Stakeholders of the firm
E) The board of directors

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An unsolicited takeover attempt is often dubbed a _____.


A) shark takeover
B) corporate raid
C) leveraged buyout
D) hostile takeover
E) white knight takeover

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A(n) _____ refers to a situation where a publicly traded company is purchased and then taken off the stock market.


A) insider takeover
B) market delisting
C) outsider takeover
D) leveraged buyout
E) premium purchase

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Which of the following groups is also known as Millenial?


A) Traditionalists
B) Baby boomers
C) Conservatives
D) Generation X
E) Generation Y

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E

Kohlberg's conventional level of moral reasoning is very egocentric in nature, and moral reasoning is tied to personal concerns.

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In Kohlberg's Stage five of moral reasoning, individuals focus on the direct consequences that their actions will have.

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Describe Kohlberg's principled level of moral reasoning.

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Kohlberg's post-conventional level or pr...

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Yellow Brick House Inc.manufactures and distributes expertly crafted home furniture.The firm has notable union relations and positive health and safety programs for its workers.The employees are also provided with good pension plans.This indicates that KLD would score Yellow Brick House Inc.positively in the _____ dimension of CSP.


A) community
B) diversity
C) corporate governance
D) product safety
E) employee relations

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In Kohlberg's pre-conventional level of moral reasoning, morality is judged by comparing individuals' actions with the expectations of society.

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In Kohlberg's stage three of moral reasoning:


A) individuals focus on the direct consequences that their actions will have.
B) individuals exhibit a 'what's in it for me' mentality.
C) individuals are conformity driven, and act with the goal of fulfilling social roles.
D) individuals obey laws, social conventions, or other forms of authority to aid in the maintenance of a functional society.
E) individuals are viewed as social contracts that promote the greatest good for the greatest number of people.

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Identify the pitfalls associated with the rational decision-making model.

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While the rational decision-making model...

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Individuals or firms that hope to conduct a takeover are often referred to as _____.


A) corporate raiders
B) corporate sharks
C) white knights
D) greenmailers
E) green pirates

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Which of the following is true about the representativeness bias?


A) It occurs when individuals react to arbitrary or irrelevant numbers when setting financial or other numerical targets.
B) It occurs when information that is more handy is incorrectly assessed to also be more likely.
C) It occurs when good outcomes are attributed to personal characteristics but undesirable outcomes are attributed to external circumstances.
D) It occurs when the way information is presented alters the decision an individual will make.
E) It occurs when individuals have more faith in their abilities to predict an event than logic suggests is actually possible.

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The interests of the individuals that manage the company (agents such as the CEO) may not align with the interest of the owners (such as stockholders) .This separation of interest creates a(n) _____.


A) agency problem
B) bricolage issue
C) arbitration divide
D) blue ocean gap
E) execution limit

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