) According to agency theory, managers might: a) Spend stockholder money for their own comports b) Expand the business to increase their own power c) Look out for stockholder interests d) A and B e) A and B and C
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19) According to agency theory, managers might:
a) Spend stockholder money for their own comports
b) Expand the business to increase their own power
c) Look out for stockholder interests
d) A and B
e) A and B and C
Step by step
Solved in 2 steps
- What Would You Do?1. Continue Westwind's zero-tolerance policy toward shoplifting. It's the right thing to do-and it will payoff in theend in higher profitability because the chain's reputationfor being tough on crime will reduce overall losses fromtheft.2. Adopt Chris Dykstra's proposed changes and show moreleniency to first-time offenders. It is a more cost-effectiveapproach to the problem than the current policy, plus itstays close to your father's original intent.3. Adopt Chris Dykstra's proposed changes with an evenhigher limit of $50 or $100, which is still less than thecost of prosecution. In addition, make sure the policy isn'tpublicized. That way you'll reduce costs even more and stillbenefit from your reputation for prosecuting all shoplifters.41. By checking the option "Agree" I am stating that I obeyed the rules of the testing situation as follows: 1) I took the test totally without helpf form any other person during the testing period 2) U ysed tge yrrebt text books as the only information other than my memory during the test, 3) U did not receive or use information abouth the test from other students who have taken the test before me, 4) I have read and understand NYU's current policies regarding honesty and integrity and I am adhering to them during the testing period. I realize that failure to abide by the above mentioned policies and rules means that I will gail this test and have no opportunity to improve my grade.TrueFalse123) How does awarding managers stock options help align the goals of managers and stockholders? a) If top management has stock options that become valuable at a particular price (higher than the prevailing markets price), management will b incentivized to improve company performance so the option can be exercised at the higher price b) Stock options guide managers in allocating funds for training c) If top management has stock options that become valuable at a particular price, they will be incentivized to buy and sell stocks d) This will help the managers and stockholders learn to work with each other as the managers will look to stockholders for advice on stock handling
- Who is Henry Fayol? Give his contributions to management p.s will upvote if informative, ty!!1. If your company does business with your relative, there is a conflict of interest: A. Only if you personally benefit B. There is no conflict if your boss says it's acceptable for you to benefit C. If the company finds out you are related to the vendor D. None of these 2. When we describe an individual or group of individuals, we are: A. Stereotyping B. Gossiping C. Labeling D. All of these E. None of these 3. The only power that an individual cannot increase themselves is: A. Reward power B. Legitimate power C. Charismatic power D. Information powerKaty is a general manager for Marriott hotels in Philadelphia. She would best be classified as a first-line manager, is this statement true or false? Explain Mangement
- 3. (a) What are the roles and responsibilities of an effective and active Board of Directors? (b) Briefly discuss the agency theory and stewardship theory.What are the three suggestions Clark and Daniel could make that they believe would have helped them be successful in solving their agency's issues?4) What was the initial purpose of the Hawthorne studies? What was the actual outcome?5) Elton Mayo singled out two factors as having special importance for the increase inproductivity. What are these two factors?6) What is the viewpoint of the human relations movement?
- 3. Bibi is the manager of Arts beauty salon. One day it was suggested to her by the supervisor that she should implement a performance appraisal in the business.In Order to do so she started to do some research, but she needs more information. You are therefore required to provide Bibi with the following information. A. Enlighten Bib on what an appraisal is and how it can benefit her business. B. Explain to her the different types of appraisals, and which one\ones should Bibi consider implementing? c. Explain to Bibi how she should go about handling the information gathered from these assessments.A bookkeeper tried for several years to expose fraud in the organization’s accounting department, but he couldn’t get anyone to pay attention to his claims. How would you evaluate this employee’s power? What might he have done to increase his power and call notice to the ethical and legal problems at the firm?Firm size, industry competition, CEO power and discretion and the level of stress a a CEO's job entails are factors in determining what? Select one: a. How large a board of directors an organization must have b. Whether an organization can function internationally c. A CEO's compensation package d. Employees' level of job satisfaction and overall feeling of internal support of their supervisors