Multiple Choice
SpandoCorp is a diversified firm that makes industrial, military and consumer products from Spandex. SpandoCorp manages each of the businesses that it operates in as a separate division and treats each as a True profit-and-loss center. In this organization, Grace McKenna is responsible for deciding which set of businesses SpandoCorp will operate in and for encouraging behavior that is consistent with this strategy, Wells Tucker provides information to McKenna about the internal and external environments that she uses in her decision making, and Kelly Rae is one of the individuals who is responsible for evaluating the firm's decision making to ensure that it is consistent with the interests of equity holders.
-Kelly Rae's position is SpandoCorp is best described as a(n)
A) institutional investor.
B) senior executive.
C) division general manager.
D) member of the board of directors.
Correct Answer:

Verified
Correct Answer:
Verified
Q3: The senior executive in an M-form organization
Q4: In principle, only the CEO and the
Q5: Divisions in an M-form organization should be
Q6: Discuss the role of accounting measures of
Q7: Discuss the importance of compensation policies in
Q9: It is unusual for a diversified firm
Q10: The most common organization structure for implementing
Q11: Describe the multidivisional, or M-form structure, and
Q12: A board of directors typically consists of
Q13: If institutional investors are biopic, they should