Which of the following statements is true of the concentrated organizational structures of non-U.S. firms??
A. ?The concentrated organizational structures of non-U.S. firms permit managers to focus more on short-term earnings.
B. ?The concentrated organizational structures of non-U.S. firms result in easier access to credit in times of financial difficulty.
C. ?The concentrated organizational structures of non-U.S. firms make it difficult to change managers.
D. ?The concentrated organizational structures of non-U.S. firms reduce the managerial focus on wealth maximization.
E. ?The concentrated organizational structures of non-U.S. firms result from the universal banking relationships that exist outside the United States.
Answer: E
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