Miss Smith is a friend of______. A．Mary's mother's B．the mother of Mary C．mot

A.most

B.more

C.less

D.least

A.She's from Englan

B.She's at hom

C.She's not back.

D.She's very well.

- Where is Miss Smith？

- _________

A：She's from England.

B：She's at home.

C：She's not back.

D：She's very well.

A.in

B.on

C.at

D.with

A.do you

B.don’t you

C.are you

D.aren’t you

A.She's from England.

B.She's at home.

C.She's not back.

D.She's very well.

WHAT ABOUT EATING PEKING DUCK？

_Miss Gao__ wants to invite __Miss Smith__ for dinner. They are discussing the dinner time._

MISS SMITH: Hello？

MISS GAO: Hello, is that Miss Smith？

MISS SMITH: Yes. Who is that？

MISS GAO: This is Miss Gao. How are you？

MISS SMITH: Not too bad, thanks. And you？

MISS GAO: {A. OK, let’s say 6:30 p.m.; B. Let’s try Peking duck.; C. Fine. I am making this call to see if you are free on Friday night.; D. Are you available on Saturday？; E. What can you recommend？} I’d like to invite you to dinner.

MISS SMITH: I’m terribly sorry, but I’ve already made some arrangements for Friday.

MISS GAO: What a pity! How about Saturday？ {A. OK, let’s say 6:30 p.m.; B. Let’s try Peking duck.; C. Fine. I am making this call to see if you are free on Friday night.; D. Are you available on Saturday？; E. What can you recommend？}

MISS SMITH: Saturday is OK. I’m free on weekends.

MISS GAO: Great. What time would you like to meet？

MISS SMITH: Whenever is OK for me. I have no plans for that day. What time do you suggest？

MISS GAO: {A. OK, let’s say 6:30 p.m.; B. Let’s try Peking duck.; C. Fine. I am making this call to see if you are free on Friday night.; D. Are you available on Saturday？; E. What can you recommend？}

MISS SMITH: And where would you like to meet？

MISS GAO: I can pick you up at the gate of your company. So what kind of food do you prefer？ Why not try Chinese food？

MISS SMITH: Well, I’m not very familiar with Chinese cuisines. {A. OK, let’s say 6:30 p.m.; B. Let’s try Peking duck.; C. Fine. I am making this call to see if you are free on Friday night.; D. Are you available on Saturday？; E. What can you recommend？}

MISS GAO: Well, have you heard of Peking Duck？ It’s a local specialty. And a new Peking Duck restaurant opened last week in our industrial park, very near to the recreation center. Some of my colleagues say the roast duck there is really tasty.

MISS SMITH: Of course! Peking Duck is world-famous. I would love to try it. My mouth is watering now.

MISS GAO: All right. {A. OK, let’s say 6:30 p.m.; B. Let’s try Peking duck.; C. Fine. I am making this call to see if you are free on Friday night.; D. Are you available on Saturday？; E. What can you recommend？} I think it won’t disappoint us.

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)

y “You must have a good time during the vacation. You look like you gained a lot of weight.” This is the appropriate greeting for you.()

此题为判断题(对，错)。