Executive Performance Bonuses, High Position Power, and Tactical or Short-Range

question 111

Multiple Choice

Executive performance bonuses, high position power, and tactical or short-range planning suggest a corporate culture that emphasizes:

• A)low risk taking
• B)consensus decision making
• C)high uncertainty avoidance
• D)individualism

---

Definitions:

Carbon Fee

A charge imposed on the carbon content of fossil fuels, aimed at reducing carbon dioxide emissions.

Coase Theorem

An economic theory proposing that if trade in an externality is possible and there are no transaction costs, parties can negotiate solutions to conflicts that lead to an efficient outcome regardless of the initial allocation of property rights.

Pollution Tax

A tax levied on the amount of pollution emitted by firms to incentivize reduction in environmental harm.

Tax Revenue

The income that is gained by governments through taxation, which is used to fund public services and goods.