If firms satisfice this means that ?
A. managers need to be paid enough to stop them leaving the company
B. objectives such as profit are not maximized
C. short-run profits are maximized
D. long-run profits are maximized
When firm build in Organizational slack they do this in order to ?
A. cope with unforeseen changes
B. maximize growth.
C. minimize conflict within the firm
D. both options one and three
Which of the following is NOT a common reason for a merger?
A. To increase competition
B. To reduce uncertainty
C. To achieve faster growth
D. To achieve economies of scale
Identify below those who are not stakeholders in a company ?
A. Owners
B. Customers
C. Employees
D. None of the above
The merger of two clothing firms would be a ____ merger?
A. horizontal
B. vertical
C. homogeneous
D. conglomerate
The merger of fiber producer and a clothing firm would be _____ merger?
A. horizontal
B. vertical
C. conglomerate
D. homogeneous