
James Abercrombie has a thriving consulting firm specializing in training boards of directors in decision-making skills. Mr. Abercrombie has had striking success in reducing conflict and hostility among directors and allowing boards to develop more cohesiveness. Mr. Abercrombie is considering expanding his consulting practice overseas. Which of the following statements is most likely to be TRUE?
A) Mr.Abercrombie will have a large market in Japan because the culture highly values consensus decision making.
B) Japanese firms will have little interest in Mr.Abercrombie's specialty because these skills are already practiced at a high level.
C) German firms will not be interested in Mr.Abercrombie's services because the German system of decision making is based on authority and few conflicts emerge.
D) Mr.Abercrombie should find significant need for his services in companies in transitional economies.
Correct Answer:
Verified
Q122: What is corporate governance, and how is
Q123: Which of the following is FALSE about
Q124: Define the agency relationship and managerial opportunism
Q127: A hostile takeover defense wherein the target
Q128: Describe the market for corporate control and
Q129: The repurchase at a premium of the
Q134: Discuss the effect of the separation of
Q134: The governance mechanism most closely connected with
Q137: Discuss the difficulties in establishing performance-based compensation
Q139: Define the three internal corporate governance mechanisms
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents