If Manager Performance Is Easily Observable, Then

question 114

Multiple Choice

If manager performance is easily observable, then

• A)profits will be maximized for the firm.
• B)the owner can directly reward the manager.
• C)the manager will attempt to manipulate the reported profit.
• D)the firm's stock price will go up.

Identify and evaluate the components of ethical decision making in a business context.

Recognize the effects of overconfidence and biases on decision quality.

Appreciate the importance of considering alternatives and consequences in decision making.

Examine corporate governance principles and the role of corporate responsibility.

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Definitions:

Pitch

The auditory perception of the frequency of sound waves, determining how high or low a sound seems.

Rhythm

A strong, regular, repeated pattern of movement or sound.

Developmental Psychologist

is a professional who studies the psychological growth and changes that occur throughout a person's life.

Vygotsky

A Soviet psychologist, Lev Vygotsky, known for his work on cognitive development, especially the social-cultural theory of development.