Suppose a Firm Has 10 Million Shares of Common Stock

question 58

Multiple Choice

Suppose a firm has 10 million shares of common stock outstanding and seven candidates are up for election to three seats on the board of directors. If the firm uses cumulative voting to elect its board,what is the minimum number of votes needed to ensure election to the board?

• A)3,000,000
• B)4,285,715
• C)5,000,000
• D)7,500,001
• E)10,000,000

Recognize the factors and forces driving changes in supply chain management.

Describe best practices in supply chain management and their impact on efficiency.

Explain the role of information flow in enhancing supply chain performance.

Understand the global impact on supply chains and the importance of sustainability practices.

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Definitions:

Transformational Leadership

A style of leadership where the leader works with teams to identify needed change, creating a vision to guide the change through inspiration and executing the change in tandem with committed members of a group.

Synergy

The synergy of multiple organizations, compounds, or agents working in unison, generating an overall effect that is greater than the sum of their individual contributions.

Transformational Leadership

A leadership style that inspires and motivates followers to exceed expectations and achieve higher levels of performance through vision, influence, and personal attention.

Turbulence

A state of confusion, disorder, or unrest often used metaphorically to describe instability in organizational or environmental contexts.