Which of the Following Statements Is FALSE

question 7

Multiple Choice

Which of the following statements is FALSE?

• A)It is important to keep in mind that good governance is value enhancing and so,in principle,is something investors in the firm should strive for.
• B)Corporate governance is a system of checks and balances that trades off costs and benefits.
• C)Because good governance is based upon a basic set of principals,like those detailed in the Cadbury Commission's findings,one should expect all firms to display similar governance structures.
• D)The costs and benefits of a corporate governance system also depends on cultural norms.

---

Definitions:

Bryce Harper

A professional baseball outfielder known for his achievements in Major League Baseball (MLB).

Brand Loyalty

The tendency of consumers to continue buying the same brand of products or services, often due to satisfaction, convenience, or perceived value.

Consumer Recognition

indicates the extent to which a brand or product is identified by potential customers, often seen as a measure of brand strength or market presence.

Brand Purpose

The reason a brand exists beyond making a profit, often reflecting its values and how it intends to positively impact customers and society.