All of the following statements about agency problems are true EXCEPT
A) Agency problems result from the separation of management and the ownership of a firm.
B) Agency problems interfere with the goal of maximizing shareholder value.
C) Agency costs are paid by the managers who do not act in the shareholders' best interest.
D) The root cause of agency problems is conflicts of interest.
C
You might also like to view...
Value-added selling can be defined as a series of creative improvements within the sales process that enhance the customer experience
Indicate whether the statement is true or false
Teel is a plumbing fixture manufacturer's salesperson. He sells to wholesalers, homebuilders, and retailers. His marketing plan calls for going to four trade shows a year. He recently found out that there would be a new Home Show aimed at consumers in his territory and he wants to attend. His boss gives him permission to attend the additional show. Which of the following concepts in successful marketing planning is exemplified in this scenario?
A. Stay strategic, but also stay on top of the tactical. B. Give yourself and your people room to fail and try again. C. Don't underestimate the implementation part of the plan. D. Stay flexible. E. Utilize input, but don't become paralyzed by information and analysis.
The GLOBE dimensions of value orientations include ______, which is the degree to which a collective encourages and rewards individuals for being fair, altruistic, generous, caring, and kind to others.
A. humane orientation B. institutional collectivism C. in-group collectivism D. assertiveness
A good example of informal learning would be
A) taking a course in golf or tennis. B) attending a seminar with friends. C) studying a text or manual as part of a course. D) acquiring a skill by observing a more experienced worker.