Give Some Examples of Ways in Which Manager's Goals Can

question 1

Essay

Give some examples of ways in which manager's goals can differ from those of shareholders.

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Definitions:

Mere Exposure Effect

A psychological phenomenon whereby people tend to develop a preference for things simply because they are familiar with them.

Familiarity Breeds

A phrase suggesting that extensive knowledge of or exposure to something may lead to a loss of appreciation or interest.

Opposites Attract

A popular concept suggesting that individuals with differing personalities, interests, or physical attributes are often attracted to each other.

Average Price

The mean cost of a group of goods or services, calculated by dividing the total cost by the number of units.