Random Exam qs Flashcards
1
Q
How many non-exec directors must a non-FTSE 350 company have?
A
2 as a minimum. Same for renumeration committee.
If in FTSE 350, it must be 50% (excluding the chairman)
2
Q
How do you work out price elasticity of demand?
A
% change in quantity / % change in price
3
Q
How long before an AGM must a plc give notice to shareholders?
A
20 working days before the AGM
4
Q
What is referent power?
A
When someone’s personal stature and credibility gives them power
5
Q
What is debt factoring?
A
When a company sells its recievables to a company at a discount
