According to James Tobin,the Long Run Value of Tobin's Q

question 97

Multiple Choice

According to James Tobin,the long run value of Tobin's Q should tend toward

• A) 0.
• B) 1.
• C) 2.
• D) infinity.
• E) none of these.

---

Definitions:

Objective Measurement

The process of quantifying phenomena in a manner that is not influenced by personal feelings, interpretations, or prejudice.

High Power Distance

A cultural dimension that reflects the extent to which less powerful members of organizations and institutions accept and expect power to be distributed unequally.

Reward Systems

Structured programs within organizations designed to recognize and provide incentives for employee performance and contributions towards achieving business goals.

Fringe Benefits

Additional non-wage compensation provided to employees, such as health insurance, retirement plans, and paid time off.