Identify All the Correct Statements

question 6

Multiple Choice

Identify all the correct statements:

• A)Managers naturally seek to maximize shareholders' wealth
• B)Managers act in their own interests,and so there is no way to align their interests with those of the owners
• C)To motivate managers in non-profit firms,no employee incentives are needed
• D)To align the interests of managers and owners,owners must design systems to monitor and reward management behavior that increases the firm's profits
• E)none of the above

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Definitions:

Nuclear Family

A basic social unit consisting of parents and their children, considered as a group, whether dwelling together or not.

Culturally Accepted

Practices, behaviors, or norms that are widely recognized and endorsed within a particular society or community.

Stereotypical Gender Traits

Oversimplified and widely held beliefs about the characteristics, attributes, and behaviors expected of males and females, based on societal norms.

Socialization

The process by which individuals learn and internalize the norms, values, behaviors, and social skills appropriate to their society.