All of the Following Are True of Overconfident CEOs EXCEPT

question 48

Multiple Choice

All of the following are true of overconfident CEOs EXCEPT

• A) overconfident CEOs tend to charge ahead with mergers and acquisitions even though they are aware that most acquisitions destroy shareholder value.
• B) overconfident CEOs view their company as undervalued by outside investors.
• C) overconfident CEOs are more likely to do deals that diversify their firm's lines of businesses.
• D) the overconfidence of CEOs may lead to hubris.
• E) overconfident CEOs were less likely to make an acquisition when they could avoid selling new stock to finance them.

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Definitions:

Message Array

An array used to store a sequence of characters that form a message.

Gets()

A function in C that reads a line of text from the standard input (stdin) into a buffer, stopping at a newline character or EOF, noted for its vulnerability to buffer overflows.