A Common Problem for Closely Held Corporations Is

question 82

Multiple Choice

A common problem for closely held corporations is:

• A) the lack of access to substantial amounts of capital.
• B) the restriction that shareholders receive only one vote each.
• C) the separation of ownership and management.
• D) an abundance of agency problems.

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Definitions:

Attitude

A psychological tendency expressed by evaluating a particular entity with some degree of favor or disfavor, which influences individuals' behavior and perceptions.

Cognition

The mental processes that are involved in acquiring, storing, retrieving, and using information and that include sensation, perception, imagery, concept formation, reasoning, decision making, problem solving, and language.

Foot-In-The-Door Technique

A persuasive strategy where a smaller request is made first to increase the likelihood of agreement to a larger request later.

Attitude

A predisposition in one's mindset to appraise an entity positively or negatively, indicating favoritism or antipathy.