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Explain How Each of the Following Market Forces Helps Reduce

question 6

Essay

Explain how each of the following market forces helps reduce incentive conflicts between shareholders and management: a)the market for corporate control,b)the managerial labor market,and c)the product market.


Definitions:

Internalized Racism

The internalization of racial categorizations into a person’s identity.

Preconceived Ideas

Preconceived ideas refer to opinions or beliefs formed beforehand without adequate evidence or experience, influencing one's perception.

Stigmatization

The act of treating someone or something as unworthy of respect or concern, often due to characteristics considered socially unacceptable.

Internalized Racism

The personal conscious or subconscious acceptance of the dominant society's racist views, stereotypes, and biases of one's own ethnic group.

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