According to this theory, a manager’s responsibility is to promote the interests of stockholders’ ______.
A. agency theory
B. managerial theory
C. CSR theory
D. stakeholder theory
A. agency theory
You might also like to view...
Julie is explaining an integrated marketing communications program to Michael. In this situation:
A) Julie is a sender and Michael is an encoder B) Julie is a receiver and Michael is using a transmission device C) Julie is a sender and Michael is a receiver D) Julie is a transmission device and Michael is a decoder
Marigold Servers, a web services firm, has experienced a 7% decline in revenues in consecutive quarters. In an effort to reduce operating costs, managers reduced the customer service staff from 12 employees to 6. Management also enlisted the remaining employees to help produce a new company vision: to give customers of all budgets a customizable, stress-free web hosting experience. What is wrong with this scenario?
A. Internal stakeholders were not invested in defining the vision. B. Marigold's organizational structures do not align with the vision. C. Marigold's vision is not aspirational. D. Marigold's vision is not customer-oriented.
Indicate whether each of the following statements is true or false.________ a) Other things being equal, an operating cycle of 49 days is more desirable than an operating cycle of 120 days.________ b) The operating cycle is longer for a winery than a fast-food restaurant.________ c) The length of an operating cycle is not relevant to the profitability of a business.________ d) The length of an operating cycle equals the average days to collect accounts receivable.________ e) The length of an operating cycle is computed by adding the sum of the average days in inventory and the average number of days to collect accounts receivable.
What will be an ideal response?
Which act states that executives cannot retain bonuses or profits from selling company stock if they mislead the public about the financial health of the company?
A. The Sarbanes-Oxley Act B. The Contract Work Hours and Safety Standards Act C. The National Defense Authorization Act D. The Administrative Procedure Act