Which of the following describes most businesses in the United States? Partnerships Corporations Proprietorships Business structures in which ownership and management are separate, as with corporations, are subject to principal-agent problems. Which of t following may help reduce such problems and promote cost efficiency? Check all that apply. Threat of a takeover O Loyal customers who will buy the firm's products unconditionally Profit-sharing agreements with managers
Which of the following describes most businesses in the United States? Partnerships Corporations Proprietorships Business structures in which ownership and management are separate, as with corporations, are subject to principal-agent problems. Which of t following may help reduce such problems and promote cost efficiency? Check all that apply. Threat of a takeover O Loyal customers who will buy the firm's products unconditionally Profit-sharing agreements with managers
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter1: Introduction And Goals Of The Firm
Section: Chapter Questions
Problem 5E
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firm structure
![Which of the following describes most businesses in the United States?
O Partnerships
O Corporations
O Proprietorships
Business structures in which ownership and management are separate, as with corporations, are subject to principal-agent problems. Which of the
following may help reduce such problems and promote cost efficiency? Check all that apply.
O Threat of a takeover
O Loyal customers who will buy the firm's products unconditionally
O Profit-sharing agreements with managers](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F5e2e89a4-3b67-4fac-9a4d-3a74fe31ce2e%2F0b1b8bf7-12e0-47b4-8d8a-20915a16e4bd%2Fgif630q_processed.png&w=3840&q=75)
Transcribed Image Text:Which of the following describes most businesses in the United States?
O Partnerships
O Corporations
O Proprietorships
Business structures in which ownership and management are separate, as with corporations, are subject to principal-agent problems. Which of the
following may help reduce such problems and promote cost efficiency? Check all that apply.
O Threat of a takeover
O Loyal customers who will buy the firm's products unconditionally
O Profit-sharing agreements with managers
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