Which of the Following Governance Mechanisms Is Regarded as the Option

question 34

Multiple Choice

Which of the following governance mechanisms is regarded as the option of last resort?

• A)Strategic control system
• B)Takeover constraint
• C)Board of directors
• D)Stock-based compensation system
• E)Financial statements and auditors

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Definitions:

Feared Stimulus

An object, event, or situation that induces fear through conditioning or innate phobias.

Avoidance Behavior

Actions taken to prevent or evade a negative or undesirable outcome or stimulus.

Escape Behavior

A response designed to avoid an unpleasant situation or outcome, often seen in the context of avoiding negative reinforcement.

Two-Factor Theory

A psychological theory that proposes emotions are based on physiological arousal and cognitive labeling of that arousal.