! Explain how governance failures such asENRON and the global financial crisis couldhappen. How might they be avoided?

Any organization would perform well in the economy, if it is being lead by proper management.…

Answered: Explain how governance failures such as…

Understanding Business

12th Edition

ISBN:9781259929434

Author:William Nickels

Publisher:William Nickels

Chapter1: Taking Risks And Making Profits Within The Dynamic Business Environment

Section: Chapter Questions

Problem 1CE

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26______. McDonald’s, Burger King, and Wendy’s are an example of which of the five forces? a Bargaining power of suppliers b Bargaining power of customers c Rivalry among existing firms d The threat of substitutions e the threat of new entrants
Explanation it correctly Q)Which of the following factors can be a source of market power? Group of answer choicesThere are a large number of competitors in the market.There exist economies of scale in production that prevent competitorsfrom coexisting.The firm's Lerner index is equal to zero.The government prosecutes firms found to be colluding
Mr. Herrera, general manager of XYZ Company with a workforce of 1,700 men is into manufacturing of jeeps. Jeeps are public utility vehicles and considered a local version of Hamer. During the first (5) years of operation, business is doing good. Soon after, local and foreign competition started penetrating the market and sales started to break-even. Mr. Herrera decided to go into aggressive promotions, product development and market expansion. Since Mr. Herrera does not believe in planning, all these activities were all done during the sixth year of operation. Sales started to pick up but did not reach the profit expectations of Mr. Herrera. 1.If you are Mr. Herrera, what are the things that you would do and why? 2.What would you say were the possible good things that planning will do to the jeep manufacturing business of Mr. Herrera?
Q34
2. Explains about commercial food service and onsite food service with examples.(
Q2. Should companies pay educational assistance? Assume that it was for a degree in information technology. What if a competitor offers a higher salary to the successful graduate? How could you make sure the company's investment remains in the organization?
38. A CEO of a technology company has hired a new PhD graduate who is a genius and can develop new products for the CEO's company. But the ČEO is concerned that after the potential employee is trained her she will simply leave and start a competing company. In determining whether to hire her the CEO want to know what can be done to stop her from leaving. The CEO is your neighbor and asks you because he knows you are a brilliant SJSU business 80 student. You tell him the following which is correct. " In California the employment relationship is deemed to be 1. which means the unless the termination is a result of some type employee can be fired or quit 2. of 3. departure because 4. 5. Also, you can not stop her from forming a competing company upon her are unenforceable in California unless the relationship is associated with a merger or sale of a business and 6. is involved. However, the employee when leaving cannot take and use 7.
Briefly discuss it
Is it ok for companies to do anything they want .1 ?as long as it isn't illegal
6. How did Desi Hangover validate the demand for their products? 41
Q: A builder has hired a brokerage to market and sell a new home development. Several salespersons from the brokerage are part of this project. As a salesperson working for the brokerage in this project, which of the following services would they not be expected to provide? O. The salesperson will draft and explain the agreement of purchase and sale to the builders buyers O. the salesperson will design and develop marketing folders promoting the builders company O. the salesperson will recruit, train, and manage the brokerage new home sales persons O. the salesperson will supervise the builders contractors and other employees
26 - Having clear roles and agreement on decision authority means Group of answer choices a. ensuring team members having the information they need b. facilitating decision making and minimizing friction c. requiring collaboration desirable and motivating team members to cooperate d. all of these 27- Shared goals means Group of answer choices a. ensuring team members having the information they need b. facilitating decision making and minimizing friction c. requiring collaboration desirable and motivating team members to cooperate d. none of these 28- Transparency of communication means Group of answer choices a. ensuring team members having the information they need b. facilitating decision making and minimizing friction c. requiring collaboration desirable and motivating team members to cooperate d. all of these 29- Which of the following describes a goal? Group of answer choices a. is motivating b. demands actions and decisiveness c. states…

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Explain how governance failures such as ENRON and the global financial crisis could happen. How might they be avoided?