Assume You Are an Overconfident Manager

question 50

Multiple Choice

Assume you are an overconfident manager. You are most apt to do which one of the following more so than you would if you were not overconfident?

• A) Research a project more thoroughly before committing funds to commence it.
• B) Accept risky projects that turn out to be less profitable than you expected.
• C) Wait until new technology proves its worth before incorporating it into your firm's operations.
• D) Avoid mergers and acquisitions.
• E) Invest excess company cash more conservatively than your peers at other firms.

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Definitions:

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A device used to regulate the temperature, humidity, and purity of the air in a room or building.

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Products and commodities purchased for personal or household use.

Uniform Commercial Code

A comprehensive set of laws governing all commercial transactions in the United States, intended to standardize and simplify the laws across the states.

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Legal guarantees in a sale that the seller has the right to transfer ownership and that there are no undisclosed encumbrances.