Which of the Following Statements Is FALSE

question 7

Multiple Choice

Which of the following statements is FALSE?

• A)It is important to keep in mind that good governance is value enhancing and so,in principle,is something investors in the firm should strive for.
• B)Corporate governance is a system of checks and balances that trades off costs and benefits.
• C)Because good governance is based upon a basic set of principals,like those detailed in the Cadbury Commission's findings,one should expect all firms to display similar governance structures.
• D)The costs and benefits of a corporate governance system also depends on cultural norms.

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Definitions:

NFC

Near Field Communication, a set of communication protocols enabling two electronic devices to establish communication by bringing them within a short distance of each other.

Showrooming Problem

A retail challenge where customers browse products in a physical store only to buy them later online at a lower price, affecting the store's sales.

Pull Model

A supply chain management strategy where production is based on demand, with products pulled through the supply chain by consumer demand.

Customer Order

A request made by a client to purchase goods or services from a business, initiating a transactional process.