Which of the Following Statements Is True of the Aspects

question 65

Multiple Choice

Which of the following statements is true of the aspects of ownership and control in corporations?

• A)Principals and agents have different goals.
• B)Managers always want a corporation managed in a way that maximizes revenue and minimizes cost.
• C)Shareholders usually want to maximize their own utility.
• D)Shareholders have no right to monitor the performance of the managers of a corporation.

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Definitions:

Task Variety

The degree to which a job involves different activities requiring various skills and talents.

Job Enlargement

The process of increasing the variety of tasks and responsibilities of a job to enhance motivation and satisfaction.

Job Breadth

The scope and variety of tasks, responsibilities, and activities within a particular job role.

Telecommuting

Working at home or from a remote location using computers and advanced telecommunications.