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.Management Sciences
Category: Alternative Theories Of The Firm
If firms satisfice this means that ?
A. managers need to be paid enough to stop them leaving the company
B. objectives such as profit are not maximized
C. short-run profits are maximized
D. long-run profits are maximized
The merger of a clothing firm and a software producer would be a _______ merger?
A. horizontal
B. vertical
C. conglomerate
D. homogeneous
Public limited companies may not maximize their profits because ?
A. they are afraid of encouraging takeovers.
B. shareholders have little control over managers.
C. shareholders want higher dividends.
D. both the first and third option.
When firm build in Organizational slack they do this in order to ?
A. cope with unforeseen changes
B. maximize growth.
C. minimize conflict within the firm
D. both options one and three
Identify below those who are not stakeholders in a company ?
A. Owners
B. Customers
C. Employees
D. None of the above
Behavioral theories of the firm concentrate on the _______ interests of _______?
A. common; different parts of the firm
B. common; mangers
C. conflicting; managers
D. conflicting; different parts of the firm
Firms that engage in satisficing behavior are likely to be ?
A. Like other firms in their industry.
B. growth maximisers.
C. leading firms in their industry
D. unlike other firms in their industry
Growth maximization is the same as ?
A. sales revenue maximization
B. maximization the growth of sales revenue.
C. Sales maximization
D. long-run profit maximization.
Which of the following is NOT a common reason for a merger?
A. To increase competition
B. To reduce uncertainty
C. To achieve faster growth
D. To achieve economies of scale
The divorce of owner ship and control causes a problem usually referred to by economists as ?
A. profit myopia
B. principal-agent problem.
C. merger mania.
D. moral hazard
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