A Director Does Not Need to Disclose Any Conflict of Interest

question 30

True/False

A director does not need to disclose any conflict of interest before voting on a proposed transaction.

Understand the basic functions of management including planning, organising, leading, and controlling.

Identify and describe the primary roles that managers play in organizations according to Henry Mintzberg.

Recognise the importance and application of human, technical, and conceptual skills in management.

Explain the significance of developing strong interpersonal relationships within the workplace for effective management.

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Definitions:

Retention Ratio

The proportion of net income that is retained in the business rather than paid out to shareholders, indicating the company's reinvestment rate.

Dividend Yield

A stock’s cash dividend divided by its current price.

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

Reverse Stock Split

A corporate action in which a company reduces the total number of its outstanding shares to increase its share price.