The Theory That a Business Firm Is a Collection of Individual

question 27

Multiple Choice

The theory that a business firm is a collection of individual owners who bind themselves together to share profits is known as _____

• A)entity theory
• B)aggregate theory
• C)concession theory
• D)conduit theory
• E)appropriation theory

---

Definitions:

Negative Results

Findings in research that indicate no significant effect or difference, contrary to the original hypothesis.

Cohen's D

A statistic used to measure the effect size or the strength of the relationship between two variables, specifically in standardized mean difference.

Effect Size

A quantitative measure of the magnitude of a phenomenon, used to indicate the size of an experimental effect.

Independent Variable

The variable that is manipulated or changed in an experiment to see if it has an effect on some other variable.