The Attractiveness of Downsizing Is Consistent with Which Agency Perspective

question 1

Multiple Choice

The attractiveness of downsizing is consistent with which agency perspective?

• A)Management serves its own interests.
• B)Management and stockholders share the same interests.
• C)Management pursues the interests of the stakeholders.
• D)None of the above.

---

Definitions:

Hierarchical Classification

An organizational system where items are ranked and categorized based on levels or degrees of importance or inclusiveness.

Conservation

The principle in cognitive development that certain properties of an object, such as volume or mass, remain the same despite changes in its form or arrangement.

Centration

A cognitive limitation in early childhood where a child focuses on one aspect of a situation or object, neglecting other relevant aspects.

Object Permanence

The understanding that objects continue to exist even when they cannot be seen, heard, or touched.