Examlex
Which of the following is NOT a factor affecting shareholders' preferences for a firm's level of diversification?
Authority
The legitimate or socially approved use of power, often associated with roles or positions held by individuals or institutions.
Emotional State
The internal condition of feeling or mood of an individual, which can influence perceptions, behaviors, and attitudes.
Affective Action
Behavior driven by emotions and feelings rather than rational calculations or societal norms.
Means-ends Rationality
A decision-making process where actions are planned to achieve specific goals, emphasizing efficiency and the logical selection of means.
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