Mr Smith is coming to visit us soon. We'd better get everything ready before he()
A.arrive
B.is arriving
C.will arrive
D.arrives
A.arrive
B.is arriving
C.will arrive
D.arrives
It is just as well that Mr Smith was delegated (委派) to our company for guidance work,or our company would have ______ defeat.
A.suffered
B.lacked
C.encountered
D.comanded
TQ Company, a listed company, recently went into administration (it had become insolvent and was being managed by a firm of insolvency practitioners). A group of shareholders expressed the belief that it was the chairman, Miss Heike Hoiku, who was primarily to blame. Although the company’s management had made a number of strategic errors that brought about the company failure, the shareholders blamed the chairman for failing to hold senior management to account. In particular, they were angry that Miss Hoiku had not challenged chief executive Rupert Smith who was regarded by some as arrogant and domineering. Some said that Miss Hoiku was scared of Mr Smith.
Some shareholders wrote a letter to Miss Hoiku last year demanding that she hold Mr Smith to account for a number of previous strategic errors. They also asked her to explain why she had not warned of the strategic problems in her chairman’s statement in the annual report earlier in the year. In particular, they asked if she could remove Mr Smith from office for incompetence. Miss Hoiku replied saying that whilst she understood their concerns, it was difficult to remove a serving chief executive from office.
Some of the shareholders believed that Mr Smith may have performed better in his role had his reward package been better designed in the first place. There was previously a remuneration committee at TQ but when two of its four non-executive members left the company, they were not replaced and so the committee effectively collapsed.
Mr Smith was then able to propose his own remuneration package and Miss Hoiku did not feel able to refuse him.
He massively increased the proportion of the package that was basic salary and also awarded himself a new and much more expensive company car. Some shareholders regarded the car as ‘excessively’ expensive. In addition, suspecting that the company’s performance might deteriorate this year, he exercised all of his share options last year and immediately sold all of his shares in TQ Company.
It was noted that Mr Smith spent long periods of time travelling away on company business whilst less experienced directors struggled with implementing strategy at the company headquarters. This meant that operational procedures were often uncoordinated and this was one of the causes of the eventual strategic failure.
(a) Miss Hoiku stated that it was difficult to remove a serving chief executive from office.
Required:
(i) Explain the ways in which a company director can leave the service of a board. (4 marks)
(ii) Discuss Miss Hoiku’s statement that it is difficult to remove a serving chief executive from a board.
(4 marks)
(b) Assess, in the context of the case, the importance of the chairman’s statement to shareholders in TQ
Company’s annual report. (5 marks)
(c) Criticise the structure of the reward package that Mr Smith awarded himself. (4 marks)
(d) Criticise Miss Hoiku’s performance as chairman of TQ Company. (8 marks)
Mrs. Smith didn't call the police because ______.
A.she was on the bus
B.she was not sure whether she had the ten pound notes with her
C.she was too angry to do so
D.she didn't like to make trouble for others
If I had known you weren't coming, I ______ a cake.
A.would not bake
B.did not bake
C.will not have baked
D.would not have baked
Not until Mr. Smith came to China______what kind of country she is.
A.he knew
B.he didn't know
C.did he know
D.he couldn't know
(I didn't mind) their coming (late) to the lecture, but I (objected) their making (so much noise).
A.I didn’t mind
B.late
C.objected
D.so much noise
"Let us go,______?" the Smith said to the officer.
A. will you
B. won't you
C. shan't we
D. don't we
A: I hear your parents are coming for a visit. B: _____
A.My mother is.
B.My father won't come.
C.My parents haven't been here before.
D.They'll visit us.
W: Mr. Smith, I’m sorry I didn’t finish my homework on time.
M:________.I know you’ve been taking care of your father these days.
A.That all depends
B.Help yourself
C.You are welcome
D.Come on
Patient: Could you arrange for me to see Doctor Smith tomorrow morning?
Nurse: _________. He won't be free until 12:00.
A. You can call later
B. You're unlucky
C. I can't do that
D. I'm afraid not