Which of the Following Is an Implication for the Strategist

question 50

Multiple Choice

Which of the following is an implication for the strategist in the context of corporate governance and a company's success?

• A) Very few corporate-governance mechanisms can be effective in addressing the principal-agent problem.
• B) Effective corporate governance and solid business ethics are critical to gaining and sustaining competitive advantage.
• C) Leading by ethical example often has a lesser effect on employee behavior than words do.
• D) A firm that restricts its responsiveness to stockholders (and no other stakeholders) and keeps them committed to its vision will be successful.

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Definitions:

Rounding Rules

Guidelines for rounding numerical values, often to a specified number of decimal places, to simplify reporting or calculation.

Rounded

The process of adjusting numbers to a specified degree of precision, often used to simplify data or match a required format.

Quotient

The outcome achieved when one amount is divided by another.

Rounded

This term refers to adjusting a number to its nearest integer or specified decimal place for simplicity or convenience.