Eisenhardt and Sull Suggest That Managers Should Flexibly Seize Opportunities

question 22

Multiple Choice

Eisenhardt and Sull suggest that managers should flexibly seize opportunities:

• A) As long as that flexibility is disciplined
• B) As long as the opportunities has positive net present value
• C) As long as the capital raised in capital markets can finance the opportunities
• D) As long as the managers keep a corporate strategic focus on profitability

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Definitions:

Expressly Designated Powers

Specific powers given to an individual or body directly and clearly in a legal document or statute.

Interstate Commerce

Economic activity or transactions that cross state borders or affect more than one state in the United States, regulated by the federal government.

Four Branches

Refers to the main divisions or areas of focus within a particular field or discipline, though the exact branches would depend on the context.

Natural Persons

Refers to human beings as individuals, endowed with rights and responsibilities under the law, distinguished from legal or artificial persons, such as corporations.