1) Board directors are keenly aware that they perform at their very best when cultural diversity,...

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Finance

1) Board directors are keenly aware that they perform at theirvery best when cultural diversity, diversity of thought anddiversity of perspectives are included around the board table.Which of the following attributes is not a strategic fit with thisobjective:
a) stakeholders have a higher comfort level with decision-makingwhen the board represents the diversity that exists within theirworkplaces and communities
b) collegial boards are less likely to accept and integratedifferences of opinion and practice respectful disagreement
c) multiple perspectives let creativity flourish
d) corporations are becoming more adaptable and agile
2) When considering a firm's capital structure, tensions betweendebtholders and shareholders can impact the firm by all except:
a) firms needing to engage in riskier business activitiesbecause the firm must respond to changing competitive pressureswill most likely select equity financing
b) limiting its ability to match its competitive environmentwith optimal funding options
c) changing the corporate governance structure from internalcontrol to external control if higher equity financing isselected
d) constraining opportunistic behavior and managerial discretionthrough debtholder control measures
3) In general, corporate governance is presented from theperspective of a firm with widely dispersed ownership, but inpractice, that model of ownership faces a range of specificproblems. Which of the following is an exception:
a) easy access to relevant information about the firm'soperations aided by a collaborative management team
b) the limited effect of large institutional investors,including banks, hedge funds and other large financial players, andthe pooling of pension funds
c) the influx of fresh capital through new listings and a deepercapital market, thus increasing shareholder participation
d) the principal-agent problem arises and company performancecan suffer, to the detriment of the owners (the shareholders)
4) You have been brought in as an independent analyst toinvestigate the cost structure of a small start-up firm, FeveotInc. Currently Feveot only manufactures one product, the FeveotNodule. According to last year's income statement, itcosts Feveot $45.83 to make one Nodule, which they can then sellfor $69.01 per unit. If Feveot has $364,000 in fixed costs, what isits breakeven point in terms of volume? Round to the nearest wholenumber.

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1ANSWER b collegial boards are less likely to accept and integrate differences of opinion and practice respectful disagreement When there is so much rom for diversity among See Answer

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1) Board directors are keenly aware that they perform at theirvery best when cultural diversity, diversity of thought anddiversity of perspectives are included around the board table.Which of the following attributes is not a strategic fit with thisobjective:a) stakeholders have a higher comfort level with decision-makingwhen the board represents the diversity that exists within theirworkplaces and communitiesb) collegial boards are less likely to accept and integratedifferences of opinion and practice respectful disagreementc) multiple perspectives let creativity flourishd) corporations are becoming more adaptable and agile2) When considering a firm's capital structure, tensions betweendebtholders and shareholders can impact the firm by all except:a) firms needing to engage in riskier business activitiesbecause the firm must respond to changing competitive pressureswill most likely select equity financingb) limiting its ability to match its competitive environmentwith optimal funding optionsc) changing the corporate governance structure from internalcontrol to external control if higher equity financing isselectedd) constraining opportunistic behavior and managerial discretionthrough debtholder control measures3) In general, corporate governance is presented from theperspective of a firm with widely dispersed ownership, but inpractice, that model of ownership faces a range of specificproblems. Which of the following is an exception:a) easy access to relevant information about the firm'soperations aided by a collaborative management teamb) the limited effect of large institutional investors,including banks, hedge funds and other large financial players, andthe pooling of pension fundsc) the influx of fresh capital through new listings and a deepercapital market, thus increasing shareholder participationd) the principal-agent problem arises and company performancecan suffer, to the detriment of the owners (the shareholders)4) You have been brought in as an independent analyst toinvestigate the cost structure of a small start-up firm, FeveotInc. Currently Feveot only manufactures one product, the FeveotNodule. According to last year's income statement, itcosts Feveot $45.83 to make one Nodule, which they can then sellfor $69.01 per unit. If Feveot has $364,000 in fixed costs, what isits breakeven point in terms of volume? Round to the nearest wholenumber.