Owners and managers
A) must be the same people.
B) may be different people with different goals, and in the long run firms that do best are those in which the managers are allowed to pursue their own independent goals.
C) may be different people with different goals, but in the long run firms that do best are those in which the managers pursue the goals of the owners.
D) may be different people with different but exactly complementary goals.
E) may be different people with the same goals.
C
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The assumption of variable velocity translates to, in IS-LM analysis, __________ curves
A) downward sloping IS B) vertical IS C) upward sloping LM D) vertical LM
Other things constant, if the Fed increases the money supply, the money supply curve shifts leftward
Indicate whether the statement is true or false