Sociotechnical systems theory, total quality management, and the creation of empowered, flexible work groups are three instruments of revolutionary change

Which of the following assumptions of an ideal (or perfect) capital market most closely relates to the assumed symmetry of information set shared by all firms and all investors?

a. Capital Markets are frictionless b. Homogeneous expectations c. Atomistic competition d. The firm has a fixed investment program e. Once chosen, the firm's financing is fixed

Why is the casuist approach criticized?

a) It shortcuts the application of principles in favor of conceptions of responsibility that may be inconsistent with moral standards. b) It leaves no room for interpretation in different situations. c) It cannot be molded to suit individual cases. d) It does not take the decision maker's self-interest into account.