A. secure the highest possible salaries for managers
B. ensure that the long-term interests of the corporation outweigh short-term gains
C. shield absentee owners from any and all responsibility
D. shield the board of directors from any and all responsibility
Related Mcqs:
- The main purpose of a political party in a democracy is to________________?
A. eliminate the opposition
B. gain power
C. eliminate power
D. control the media - Smith wrote that private ownership of the means of production would ?
A. create abuse
B. stimulate government control
C. stimulate economic growth as each individual tried to maximize profits
D. stifle economic growth as the markets would be flooded with merchandise - The Industrial Revolution shifted the emphasis in ownership from land to______________?
A. gold and silver
B. the means of production machines tools materials
C. serfs
D. precious spices - Why is the private ownership of property deemed beneficial ?
A. It is the American way
B. Greed makes the world go around
C. keeping up with the Joneses leads to success
D. None of the above - In most societies ownership of property takes one of three forms________________?
A. restricted guarded and private
B. esthetic visible tangible
C. communal private public
D. ambiguous hermetic contraceptive - The most numerous forms of business ownership in the United States is the________________?
A. partnership
B. subchapter S corporation
C. sole survivorship
D. sole proprietorship - Skepticism refers to________________?
A. impartiality
B. doubting
C. repetition
D. precision - The concept of deviance refers to________________?
A. going in the wrong direction
B. bad manners
C. departure from social norms
D. reversing one,s opinion - In economic terms incomes are distributed according to________________?
A. a person’s marginal productivity
B. whom one knows
C. which skills one has
D. innate talent - The ultimate effect of stratification systems is to________________?
A. create inequality
B. help people decide whom they should marry
C. provide a work force for society
D. fulfill the laws of nature
