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Carlos uses a paper filing system for his school-related documents. On the morning of October 6, he took notes in Professor Simpson's American history class. What should he call this document and where should he file it?
Securities
Assets indicating an equity share in a publicly-listed firm (stock), a lending arrangement with a corporation or government (bond), or ownership rights via options.
Agency Problem
A conflict of interest between the principals, such as shareholders, and the agents managing the company, like executives or managers.
Empire Building
A strategy where a company's executives expand their organization's size and operations, often to increase power and control, regardless of shareholder benefit.
Corporate Jets
Private aircraft owned or leased by corporations for the purpose of transporting executives and employees, often to support business operations more efficiently.
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