Publishing Representatives Who Call on College Professors to Inform Them

question 97

Multiple Choice

Publishing representatives who call on college professors to inform them of their company's new publications have a great deal of freedom in their jobs. They have only a general sales pitch, which they tailor as needed. Based on this information, we can say that the job of these publishing representatives scores ________.

• A) low on the degree of work specialization
• B) low on the degree of decentralization
• C) high on the degree of departmentalization
• D) high on the degree of centralization
• E) low on the degree of formalization

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Definitions:

Proxy Statement

A document containing the information that companies are required to provide to shareholders that enables them to make informed decisions about matters that will be discussed at an annual or special shareholder meeting.

Investment Evaluation

The process of assessing the performance and potential of investment opportunities to inform financial decisions.

Sarbanes-Oxley Act

A U.S. law enacted in 2002 to protect investors by improving the accuracy and reliability of corporate disclosures made pursuant to securities laws.

Proxy Statements

Documents containing the information that companies are required to provide to shareholders to solicit proxy votes, including details on matters to be voted on at shareholder meetings.