A. cope with unforeseen changes
B. maximize growth.
C. minimize conflict within the firm
D. both options one and three
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Which of the following is NOT a common reason for a merger?
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Identify below those who are not stakeholders in a company ?
A. To increase competition
B. To reduce uncertainty
C. To achieve faster growth
D. To achieve economies of scale
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The merger of two clothing firms would be a ____ merger?
A. Owners
B. Customers
C. Employees
D. None of the above
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The merger of fiber producer and a clothing firm would be _____ merger?
A. horizontal
B. vertical
C. homogeneous
D. conglomerate
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Sales maximization is likely to take place in markets that are ?
A. horizontal
B. vertical
C. conglomerate
D. homogeneous
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If firms satisfice this means that ?
A. contestable
B. perfectly competitive
C. oligopolistic
D. export-oriented
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Firms that engage in satisficing behavior are likely to be ?
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
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Galbraith’s idea that firms are controlled by a technostructure supports _________ theories?
A. Like other firms in their industry.
B. growth maximisers.
C. leading firms in their industry
D. unlike other firms in their industry
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Behavioral theories of the firm concentrate on the _______ interests of _______?
A. Williamson’s
B. classical economic
C. Marxist
D. monetarist