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

question 14

Multiple Choice

Which of the following statements is not true about 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 the shares
• C) Managers work towards maximising the benefits of all the stakeholders
• D) None of the given options are correct

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Definitions:

Canopy Layer

The upper layer of vegetation in a forest, formed by the crowns of trees, which significantly affects the ecosystem beneath by intercepting sunlight and rain.

Short-term Atmospheric Conditions

Refers typically to weather patterns and phenomena over a short period, ranging from minutes to days, including temperature, humidity, precipitation, and other meteorological elements.

Temperate Deciduous Forests

Forests located in temperate zones characterized by trees that shed their leaves annually, experiencing four distinct seasons.

Tropical Forests

are dense, warm, and wet forests found near the equator, rich in biodiversity and playing vital roles in global climate regulation.