Which of the following is a reason why managers act to maximize shareholder wealth in Anglo-American markets?
A) the use of stock options to align the goals of shareholders and managers
B) the market for corporate control that allows for outside takeover of the firm
C) performance based compensation for executive management
D) all of the above
Answer: D
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Under a system of floating exchange rates, the Swiss franc would depreciate in value if which of the following occurs?
a. price inflation in France b. an increase in U.S. real income c. a decrease in the Swiss money supply d. falling interest rates in Switzerland
When determining expectations and preferences of the audience, what issues should be considered and how would a writer prepare to address those expectations and preferences?
What will be an ideal response?
A decentralized organizational structure is more likely to further the cause of good strategy execution than is a centralized organization structure. True or false? Justify your answer.
What will be an ideal response?
Which of the following best describes the term "title"?
A) It is the right of ownership of property or evidence of ownership. B) It is the temporary transfer of possession of personal property. C) It is the transfer of possession of goods for the purpose of sale. D) It is the right to inherit property in the future.