Assume That Scipio Ltd Has a Controlling Interest in Africanus

question 22

Multiple Choice

Assume that Scipio Ltd has a controlling interest in Africanus Ltd.As a result of this relationship:

• A) the directors of Africanus Ltd have a fiduciary duty to act in the best interests of Scipio Ltd.
• B) because of its controlling interest in Africanus Ltd, Scipio Ltd will take over the management of Africanus Ltd from the board of that company.
• C) the board of Africanus Ltd will be dissolved as they no longer have any real power in Africanus Ltd.
• D) none of the above.

Comprehend the significance of external and internal factors that influence pay rates.

Differentiate between various job evaluation systems and their purpose.

Understand the concept and importance of equity in compensation, including internal, external, and pay equity.

Recognize the relevance and impact of collective bargaining agreements on compensation.

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Definitions:

Customers

Customers are individuals or entities that purchase goods or services from a business.

Mass Customization

A business strategy that combines the efficiency of mass production with the personalization of custom-made products, allowing for large-scale manufacturing of customized items.

Made-To-Order T-Shirts

Custom-designed t-shirts created according to the specific requirements of an individual customer, often involving personalized designs or sizes.

Online Customers

Individuals who purchase goods or services over the internet.