The Main External Governance Mechanism Is the _____

question 52

Multiple Choice

The main external governance mechanism is the _____.

• A) market for corporate control 
• B) market for product competition 
• C) market for private equity 
• D) market for stock options

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Definitions:

Equipment

Equipment refers to the tools, machinery, and other durable assets used by a company in its operations.

Supplies

Supplies are consumable items used in the daily operations of a business, such as office or cleaning materials, that are not resold to customers.

Petty Cash

A small amount of cash on hand used for minor, incidental expenses of a business.

Petty Cash Fund

A small amount of cash kept on hand for making minor payments.