A. common; different parts of the firm
B. common; mangers
C. conflicting; managers
D. conflicting; different parts of the firm
Alternative Theories Of The Firm
Galbraith’s idea that firms are controlled by a technostructure supports ……… theories?
A. Williamson’s
B. classical economic
C. Marxist
D. monetarist
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
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
Sales maximization is likely to take place in markets that are ?
A. contestable
B. perfectly competitive
C. oligopolistic
D. export-oriented
The merger of fiber producer and a clothing firm would be ….. merger?
A. horizontal
B. vertical
C. conglomerate
D. homogeneous
The merger of two clothing firms would be a …. merger?
A. horizontal
B. vertical
C. homogeneous
D. conglomerate
Identify below those who are not stakeholders in a company ?
A. Owners
B. Customers
C. Employees
D. None of the above
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
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