Which Statement Is TRUE

question 151

Multiple Choice

Which statement is TRUE?

• A) The lure of stock market riches gives entrepreneurs an incentive to develop new products.
• B) Stock markets allow incompetent managers to be replaced by more competent managers.
• C) Stock prices provide information on whether the firm is making good decisions.
• D) All of these statements are true.

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Definitions:

Diversity of Opinion

The presence of varied viewpoints and perspectives within a group, which can enhance decision-making and creativity but also lead to conflicts.

External Change

Modifications or adjustments that occur outside an organization, which can impact its operations and strategies.

Management Philosophy

Relates to the set of beliefs and principles that guide the decision-making, strategies, and leadership practices of a manager or organization.

Type of Business

Categories or classifications of commercial organizations based on factors like ownership, size, and product or service rendered.