The goal of the firm should be
A) maximization of sales.
B) maximization of market share.
C) maximization of shareholder wealth.
D) maximization of profits (net income per share).
C
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What are private pension plans? Briefly explain the two types of private pension plans.
What will be an ideal response?
When using management by exception, which of the following variances would not affect the production manager?
A) direct materials efficiency B) variable overhead efficiency C) direct labor cost D) direct labor efficiency
Which of the following would be the most appropriate way to motivate employees with a high need for achievement?
A. Giving them lots of praise and recognition B. Delegating responsibility to them for orienting and training new employees C. Continually giving them increased responsibility for doing new things D. Assigning a whole task to them rather than just part of a task
Clark appeals a decision in his suit against Dona, grounded on rights provided in the U.S. Constitution, to the United States Supreme Court. The task of the Court to interpret and give meaning to those rights is made more difficult because
a. foreign laws affect the legal environment unpredictably. b. government's role alters with each new election. c. parties' expectations vary with each step in the judicial process. d. society's perceptions and needs change over time.