Which of the Following Could Explain Why Bad Management Teams

question 53

Multiple Choice

Which of the following could explain why bad management teams continue to be employed by a firm?

• A) The shareholdings in the firm are highly dispersed.
• B) Ownership and control in the firm are not separate.
• C) The shareholders' objective is to maximize the firm's profits.
• D) The objectives of managers and workers in the firm are closely aligned with each other.

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Definitions:

Reorders

refers to the process of placing additional orders for goods or services that a customer or business has previously purchased or used.

Supplier-Managed Inventory

A supply chain arrangement where the supplier assumes responsibility for managing inventory levels at the customer's premises, based on agreed parameters.

Inventory-Management System

A tool or software used by businesses to track stock levels, orders, sales, and deliveries to ensure the efficient management of inventory.