Which of the Following Statements Is Not True About the Economics-Based

question 6

Multiple Choice

Which of the following statements is not true about the economics-based perspective of 'rationality' or 'self-interest' in explaining the behaviour of managers?

• A) Managers will work in their own self-interest unless constrained to do otherwise.
• B) Managers are opportunistic and in the absence of safeguards will reduce the amount they will pay for shares.
• C) Managers work towards maximising the benefits of all stakeholders.
• D) None of the given options are correct.

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Definitions:

Writing Output

The process of displaying or sending out data from a program to a device, such as a screen or file.

Format Method

A method used to prepare data in a specific format, usually by converting it into a string or formatting numbers, dates, or other types of data.

Decimal Number

A number expressed in the base 10 numeral system, which consists of digits 0 to 9 and uses a decimal point to represent fractions.

Valid Statement

A well-formed instruction that adheres to the grammar and syntax rules of the programming language in which it is written.