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kupik [55]
3 years ago
14

The objective of maximizing value for the shareholders provides an important theme in corporate finance. This objective is not w

ithout criticism. Which of the following is NOT a criticism. Select one: a. The objective is blind to social and ethical costs associated with value maximization. b. The objective does not well account for the fact that managers are naturally inclined to act in their own best interests, which are not always in line with that shareholders. c. It assumes that accrual based profits are superior to cash flows. d. It assumes some level of market efficiency.
Business
1 answer:
Illusion [34]3 years ago
4 0

Answer:

D

Explanation:

Agency conflicts arises  when the objectives of managers isn't aligned with that of shareholders.

Due to the objective of maximising value for shareholders, managers might be induced to engage in aggressive accounting practices in order to present a higher profits than might actually exist. This practice is unethical. This places more emphasis on profits than cash flows.

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What is the difference between a supply chain and supply chain management?
Elodia [21]

Answer:

A supply chain is the system put in place to move a good or service, from a provider, to the final customer.

Supply chain management is the process of managing the supply chain.

Five key issues in supply chain management:

  • Upstream supply management: upstream supply refers to the acquisition of raw materials. Management has to find reliable upstream suppliers that offer a good balance between quality and price. For example, a paper-producing firm has to find a good timber and pulp company to operate.
  • Downstream supply management: downstream supply refers to the movement of fininished goods and services, to the final customer. Many companies contract a third party to complete this process, and it is of the utmost importance because customer satisfaction largely depends on it. For example, Amazon contracts UPS to complete deliveries in a timely manner.
  • Warehouse management: depending on the size of the business, inventory can be stored in a small room or in very large warehouses. Organizing inventory, and more important, deciding when to buy inventory, and when to dispose of it, are a key part of a business strategy. Amazon is known for its innovative warehouse management, which includes the use of hundreds of human employees and robots.
  • Product development: if a firm is new in the market, it has to provide a product or service, and product development is the first stage, before the company can move on to supply chain management. Companies already in the market should also try to develop new products and services to stay competitive. Amazon again, is well known for product development, offering new goods and services each year.
  • Outsourcing: sometimes it more efficient for a company to move production abroad. Studying the foreign market, and projecting future costs is crucial before deciding to outsource. Apple does not manufacture the iphone in the United States, instead, outsources this process to Asian countries were wages are lower.

7 0
4 years ago
Which of the following is not a duty of the California Insurance Commissioner?
Masja [62]

Answer:

writing insurance laws  

Explanation:

The given question is incomplete and full is here:

Which of the following is NOT a duty of the Insurance Commissioner?

A. maintaining records

B. issuing certificates of authority to transact insurance business

C. writing insurance laws

D. conducting hearings

answer is C because there is authority known as NAIC (National Association of Insurance Commissioners) to formulate and regulate insurance laws

8 0
4 years ago
Consent of the client before completion of a trade made between the firm and a client must be made when A) an investment adviser
Nina [5.8K]

Answer:

A)  an investment adviser will be acting in the capacity of a principal

Explanation:

In case when the consent of the client made prior to completing the trade among the firm and client is made when the investment advisor would be acting as a principal i.e he has a capacity to act as a principal

Therefore in the given situation,  option A is correct and the same is to be considered

hence, all other options are incorrect

5 0
3 years ago
EASY!!!! type a number and imma answer it
prisoha [69]

This is a question of random questions about your preferences and decision making, which can be a tool for identifying your personality traits.

<h3 /><h3>Why is personality traits important?</h3>

Personality corresponds to the set of psychological characteristics that a person can develop through their experiences and learning. Through such characteristics, the individual develops patterns of thought and behavior that will influence his social and professional life.

Therefore, in the academic and professional environment, there may be instruments such as tests and interviews to identify the individual's personality and greater understanding of their actions and motivations.

Find out more about personality traits here:

brainly.com/question/7375078

#SPJ1

7 0
3 years ago
Components of marketing environment?​
12345 [234]

Answer:

It consists of six components: the demographic, economic, physical, technological, political-legal, and social-cultural environments.

Explanation:

Hope this helps!

Please mark me as Brainlineast.

5 0
3 years ago
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