What Force Does Manne Indicate Constrains the Actions of Managers

question 9

Multiple Choice

What force does Manne indicate constrains the actions of managers so that they stay focused on the goals of owners?

• A)Market for corporate control
• B)SEC
• C)Corporate board
• D)Corporate governance
• E)CEO

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Definitions:

Foreign Subsidiary

A local operation completely owned by a foreign firm.

Local Firm

A business establishment that operates in a specific geographical area and typically serves the needs of a local community.

APEC

The Asia-Pacific Economic Cooperation, a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region.

European Countries

Nations located on the European continent, each with its distinct culture, history, and political system.