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 restricted 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
You might also like to view...
Stock subscribers have all the rights of a common stockholder when they make the first installment (payment) on the stock subscription
Indicate whether the statement is true or false
____________________ procedures make it difficult to transfer and promote workers around on the basis of skills and merit.
A. Union-mandated B. Management rights C. Lean production D. Seniority-based
________ costs and ________ costs react inversely to each other in response to an increase in order size
Fill in the blank with correct word.
The following data pertain to Darwin Industries: Interest rate on debt capital: 9%Cost of equity capital: 12%Before-tax operating income: $35 millionMarket value of debt capital: $60 millionMarket value of equity capital: $120 millionTotal assets: $150 millionIncome tax rate: 30%Total current liabilities: $15 millionRequired: A. Compute Darwin's weighted-average cost of capital.B. Compute Darwin's economic value added.C. Briefly explain the meaning of economic value added.
What will be an ideal response?