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In That Same Blog Another Person Stated: "Decisions About Diversification

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Essay

In that same blog another person stated: "Decisions about diversification and acquisition are not based on the well-being of the shareholder but instead on the needs of the CEO such as ego and job security. As a result, all such decisions should be submitted to a government agency for approval." Do you agree? Why or why not?


Definitions:

Accountability

The obligation of an individual or organization to account for its activities, accept responsibility for them, and to disclose the results in a transparent manner.

Unshared Information

Pertains to knowledge or data that members possess individually but haven't yet communicated to their group.

Better Decisions

Enhanced decision-making outcomes that are achieved through improved judgment, effective problem-solving, and leveraging diverse perspectives.

Transactive Memory System

A collective memory system within a group where members efficiently encode, store, and retrieve knowledge distributed among them.

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