Which of the Following Statements Is About Corporate Governance in Germany

question 104

Multiple Choice

Which of the following statements is 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 Aufsichsrat (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:

Apple

A technology company recognized for its consumer electronic products, software, and online services, known for innovation and market impact.

Supply Chain

An amalgam of firms, people, undertakings, informatics, and provisions set up for the purpose of transferring a product or service from its inception to its consumer.

Macro Processes

Large-scale processes that encompass multiple functions or capabilities within an organization, often involving several business units or departments.

SRM

Supplier Relationship Management, a systematic approach for developing and managing partnerships with vendors and suppliers to improve product quality and reduce costs.