6. The primary operating goal of a publicly-owned firm trying to best serve its stockholders should be to a. Maximize managers’ own interests, which are by definition consistent with maximizing shareholders’ wealth. b. Maximize the firm’s expected EPS, which must also maximize the firm’s price per share. c. Minimize the firm’s risks because most stockholders dislike risk. In turn, this will maximize the firm’s stock price. d. Use a well-structured managerial compensation package to reduce conflicts that may exist between stockholders and managers. e. Since it is impossible to measure a stock’s intrinsic value, the text states that it is better for managers to attempt to maximize the current stock price than its intrinsic value.
Question 30 1 / 1 point The calcium carbonate compensation depth (CCD) is the ocean depth at which we find the most calcium carbonate. below which no calcium carbonate is found in sediments. above which no calcium carbonate is found in sediments. at which carbonaceous organism prefer to live.
1-Two notions serve as the basis for all torts: wrongs and compensation. True False 2-The goal of tort law is to put a defendant in the position that he or she would have been in had the tort occurred to the defendant. True False 3-Hayley is injured in an accident precipitated by Isolde. Hayley files a tort action against Isolde, seeking to recover for the damage suffered. Damages that are intended to compensate or reimburse a plaintiff for actual losses are: compensatory damages. reimbursement damages. actual damages. punitive damages. 4-Ladd throws a rock intending to hit Minh but misses and hits Nasir instead. On the basis of the tort of battery, Nasir can sue: Ladd. Minh. the rightful owner of the rock. no one. 4-Luella trespasses on Merchandise Mart’s property. Through the use of reasonable force, Merchandise Mart’s security guard detains Luella until the police arrive. Merchandise Mart is liable for: assault. battery. false imprisonment. none of the choice 6-The extreme risk of an activity is a defense against imposing strict liability. True False 7-Misrepresentation in an ad is enough to show an intent to induce the reliance of anyone who may use the product. True False 8-Luke is playing a video game on a defective disk that melts in his game player, starting a fire that injures his hands. Luke files a suit against Mystic Maze, Inc., the game’s maker under the doctrine of strict liability. A significant application of this doctrine is in the area of: cyber torts. intentional torts. product liability. unintentional torts 9-More than two hundred years ago, the Declaration of Independence recognized the importance of protecting creative works. True False 10-n 2014, Cloud Computing Corporation registers its trademark as provided by federal law. After the first renewal, this registration: is renewable every ten years. is renewable every twenty years. runs for life of the corporation plus seventy years. runs forever. 11-Wendy works as a weather announcer for a TV station under the character name Weather Wendy. Wendy can register her character’s name as: a certification mark. a trade name. a service mark. none of the choices 12-Much of the material on the Internet, including software and database information, is not copyrighted. True False 13-In a criminal case, the state must prove its case by a preponderance of the evidence. True False 14-Under the Fourth Amendmentt, general searches through a person’s belongings are permissible. True False 15-Maura enters a gas station and points a gun at the clerk Nate. She then forces Nate to open the cash register and give her all the money. Maura can be charged with: burglary. robbery. larceny. receiving stolen property. 16-Reno, driving while intoxicated, causes a car accident that results in the death of Santo. Reno is arrested and charged with a felony. A felony is a crime punishable by death or imprisonment for: any period of time. more than one year. more than six months. more than ten days. 17-Corporate officers and directors may be held criminally liable for the actions of employees under their supervision. True False 18-Sal assures Tom that she will deliver a truckload of hay to his cattle ranch. A person’s declaration to do a certain act is part of the definition of: an expectation. a moral obligation. a prediction. a promise. 19-Lark promises to buy Mac’s used textbook for $60. Lark is: an offeror. an offeree a promisee. a promisor. 20-Casey offers to sell a certain used forklift to DIY Lumber Outlet, but Casey dies before DIY accepts. Most likely, Casey’s death: did not affect the offer. shortened the time of the offer but did not terminated it. extended the time of the offer. terminated the offer.
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“Executive Pay” Please respond to the following: • Some evidence suggests that there is a direct and positive relationship between a firm’s size and its top-level managers’ compensation. Explain what inducement you think that relationship provides to upper-level executives. • Recommend what can be done to influence the relationship so that it serves shareholders’ interests.
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Write a 125-word essay on the following topics 1. Why do you think such appalling conditions were allowed to exist in American factories during the Industrial Revolution? 2. How do you propose to be able to do all the things your text says are duties of the safety professional? 3. How Has the Culture of an Organization Positively or Negatively Affected Your Performance? 4. The primary motivation in loss control is financial. Should saving company money be our primary concern? 5. Do You Think Workers’ Compensation is Fair to Employees and Employers? 6. Our book suggests that we fix only hazards which have cost/benefit. Is this immoral? 7. Why should the Supervisor and not the Safety Manager be the primary person to investigate incidents? 8. Do you believe our anti-terrorism efforts in this country will prevent further terrorist attacks? 9. What has been the most effective training you have ever had? Why? 10. What do you believe to be some challenges in Industrial Safety for the future?