A Financial Manager Should Make Decisions Based On

question 26

Multiple Choice

A financial manager should make decisions based on:

• A)the effects those decisions will have on current profits.
• B)the best interests of the current employees.
• C)the welfare of the current shareholders.
• D)minimizing the firm's tax liability.
• E)their personal goals and ambitions.

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Definitions:

Metacontrast Principle

is a concept in social psychology that describes how people compare and contrast themselves with others in a group, focusing on differences rather than similarities.

Ingroup Norms

The unwritten rules and behaviors that are considered acceptable and expected within a group of which one is a member.

Outgroup Norms

The behaviors, values, or standards that are adopted by groups seen as different or external to one's own identity or social group.

Loaded Questions

Questions that contain a controversial or unjustified assumption, often used to trap the respondent into a specific answer.