Which of the Following Statements About Corporate Governance in Germany

question 11

Multiple Choice

Which of the following statements about corporate governance in Germany is false?

• A) The Vorstand (management board) of a German corporation makes decisions about strategy and management.
• B) The Vorstand is elected by the firm's employees.
• C) Employees, union members, and shareholders appoint members to the Aufsichtsrat (the supervisory tier of the board).
• D) Large institutional investors such as pension funds and insurance companies are relatively insignificant owners of corporate stock.

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Definitions:

Middle Ear

The section of the ear located between the eardrum and the oval window, containing three small bones that transmit sound vibrations.

Partial Color Blindness

A condition where an individual has difficulty distinguishing between certain colors, as opposed to complete inability.

Protanopia

A type of color blindness characterized by the inability to distinguish between colors within the green-red spectrum due to the absence of red photoreceptors in the eyes.

Pulse Oximetry

Measuring the oxygen saturation of arterial blood in a subject by utilizing a sensor attached typically to a finger, toe, or ear to determine the percentage of oxyhemoglobin in blood pulsating through a network of capillaries and that typically sounds an alarm if the blood saturation becomes less than optimal.