A System of Governance in Which a Trained Administrator Was

question 44

Multiple Choice

A system of governance in which a trained administrator was appointed to run a city was called the

• A)mayoral plan.
• B)viceroy plan.
• C)city-manager plan.
• D)Wisconsin idea.
• E)commission system.

---

Definitions:

Liability For Firm Debts

Obligations a company must meet, including all debts and financial responsibilities.

Agency Cost

Costs that arise from conflicts of interest between managers and shareholders within a company.

Executive Overseas

A managerial position held within a company's operations located in a foreign country.

Corporate Borrowing

The act of companies raising funds through the issuance of debt instruments, such as bonds or loans, to finance their operations or investments.