Which of the Following Statements Is/are True

question 18

Multiple Choice

Which of the following statements is/are true?

• A)product design is a major factor in determining the cost of a product
• B) product design is a major factor in the quality of a product
• C) product design is a trial and error process
• D) a and b above only
• E)all the above are true

---

Definitions:

Board of Directors

A group of individuals elected to represent shareholders and oversee the major decisions and policies of an organization.

Preemptive Right

A shareholder’s right to purchase a proportionate share of every new offering of stock by the corporation.

Shareholder's Right

The entitlements or privileges granted to an individual or entity that owns shares in a corporation, including the right to vote on corporate matters and to receive dividends.

Shareholder Proposal

A suggestion submitted by a shareholder about a broad company policy or procedure.