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Question
Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.One of the benefits of technology is that it reduces the amount of labor needed to produce a given number of goods or services. Yet evidence shows that Americans work longer hours now than at any time in our history, and we work more hours than any other country. Discuss the implications of using technology to produce more instead of working less.
Answer
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A.a poison pill.
B.golden handcuffs.
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D.insider trading.
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A.setting directors' pay scales.
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Compensation recovery mechanisms that enable a company to recoup compensation funds is called ____.
A.proxy process.
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C.golden parachutes.
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A.distributive voting.
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C.the proxy process.
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Employees are the people hired by the company to
A.oversee management.
B.work with the board to keep management in line.
C.do the actual work of operating the company.
D.set the course for the company to follow.
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The people hired by the board to run the company and operate it on a daily basis is
A.the employee council.
B.management.
C.administration.
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The group that is elected by shareholders to govern and oversee management is the
A.investment council.
B.board of directors.
C.board of trustees.
D.governing council.
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Utilize the knowledge you have gained to respond to the following essay questions. Your answers should state your position and use logical arguments and content from this and other chapters in the textbook to support it.
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C.urgency.
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B.secondary social stakeholders.
C.primary nonsocial stakeholders.
D.secondary nonsocial stakeholders.
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