Because managers (________) have less incentive to maximize profits than the stockholders-owners (________) do, stockholders find it costly to monitor managers; thus, stockholders are reluctant to purchase equities
A) principals; agents
B) principals; principals
C) agents; agents
D) agents; principals
D
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________ consists of putting goods in boxes or trailers that are easy to transfer between two transportation modes
A) Containerization B) Haulage C) Inventory carrying D) Order processing E) Warehousing
Groupthink, as a self-limiting team behavior, is more likely to occur when
A. a team member believes that all team activities are a waste of time due to one or two bad experiences as a team. B. there is a sense of shared responsibility that breeds a feeling of invincibility. C. a person expects a specific task to be done by someone else in a team. D. a team feels pressure to perform with the imminent approach of a deadline.
In determining the cash flows from operating activities for the statement of cash flows by the indirect method, the depreciation expense for the period is added to the net income for the period
Indicate whether the statement is true or false
According to Max Weber, bureaucratic positions foster specialized skills, eliminating
A. many subjective judgments by managers. B. the need for organization. C. authority that resides in positions. D. the need for rules and controls. E. the need for skilled workers.