Marcoux Argues That Weighing and Balancing Competing Interests, as Required

question 58

Multiple Choice

Marcoux argues that weighing and balancing competing interests, as required under a stakeholder theory, would make business:

• A) More fair, because everyone's voice could be heard
• B) More efficient, because everyone would be more motivated
• C) Wasteful and inefficient because of increased bureaucracy.
• D) Less honest, because people would be selfish
• E) More profitable, because there would be more ideas and creativity

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Definitions:

Liquidating Dividend

A payment made by a corporation to its shareholders from its capital rather than its earnings, often signaling the winding down or dissolution of the company.

Cash Payment

A transaction in which goods or services are paid for with physical currency or through an immediate electronic funds transfer.

Firm's Assets

The economic resources owned by a business, including cash, property, equipment, and intellectual property, which are used to generate revenue.

Stock Split

A business procedure in which a corporation splits its current shares into more shares to increase the shares' marketability.