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Up To Date Alternative Theories Of The Firm MCQs ( Economics ) MCQs – New Economics MCQs

Up To Date Alternative Theories Of The Firm MCQs ( Economics ) MCQs – New Economics MCQs

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Latest Economics MCQs

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Latest Alternative Theories Of The Firm Mcqs ( Economics ) Mcqs

The most occurred mcqs of Alternative Theories Of The Firm Mcqs ( Economics ) in past papers. Past papers of Alternative Theories Of The Firm Mcqs ( Economics ) Mcqs. Past papers of Alternative Theories Of The Firm Mcqs ( Economics ) Mcqs . Mcqs are the necessary part of any competitive / job related exams. The Mcqs having specific numbers in any written test. It is therefore everyone have to learn / remember the related Alternative Theories Of The Firm Mcqs ( Economics ) Mcqs. The Important series of Alternative Theories Of The Firm Mcqs ( Economics ) Mcqs are given below:

When firm build in Organizational slack they do this in order to ?

A. maximize growth.
B. cope with unforeseen changes
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 achieve faster growth
C. To reduce uncertainty
D. To achieve economies of scale

Identify below those who are not stakeholders in a company ?

A. Customers
B. Owners
C. Employees
D. None of the above

The merger of two clothing firms would be a ____ merger?

A. horizontal
B. homogeneous
C. vertical
D. conglomerate

The merger of fiber producer and a clothing firm would be _____ merger?

A. conglomerate
B. vertical
C. horizontal
D. homogeneous

Sales maximization is likely to take place in markets that are ?

A. perfectly competitive
B. contestable
C. oligopolistic
D. export-oriented

Supply-Side Policies MCQs

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. long-run profits are maximized
D. short-run profits are maximized

Firms that engage in satisficing behavior are likely to be ?

A. Like other firms in their industry.
B. leading firms in their industry
C. growth maximisers.
D. unlike other firms in their industry

Galbraith’s idea that firms are controlled by a technostructure supports _________ theories?

A. Williamson’s
B. Marxist
C. classical economic
D. monetarist

Behavioral theories of the firm concentrate on the _______ interests of _______?

A. common; mangers
B. common; different parts of the firm
C. conflicting; managers
D. conflicting; different parts of the firm

Fear to take-overs will lead firms to maximize ?

A. sales revenue
B. growth.
C. managers utility
D. profits.

The merger of a clothing firm and a software producer would be a _______ merger?

A. vertical
B. horizontal
C. conglomerate
D. homogeneous

Growth maximization is the same as ?

A. Sales maximization
B. maximization the growth of sales revenue.
C. sales revenue maximization
D. long-run profit maximization.

A sale maximizing firm will produce where ?

A. MC = MR
B. AR minus AC is maximized
C. quantity sold is maximized
D. sales revenue is maximized

The divorce of owner ship and control causes a problem usually referred to by economists as ?

A. merger mania.
B. principal-agent problem.
C. profit myopia
D. moral hazard

Williamson suggests that managers might NOT try to achieve ?

A. job security
B. maximum profits.
C. respect of other managers.
D. a large number of subordinates

A firm may be unable to maximize profits because it ?

A. has too much information
B. does not know its MC and MR
C. has too little information
D. The first and third option

The divorce of ownership and control tends to occur in ?

A. partnerships
B. sole proprietors
C. public limited companies
D. monopolies

Public limited companies may not maximize their profits because ?

A. shareholders want higher dividends.
B. shareholders have little control over managers.
C. they are afraid of encouraging takeovers.
D. both the first and third option.

The traditional profit-maximizing theory of the firm has been criticized by some economists because ?

A. firms have other aims
B. firms do not know how to maximize profits.
C. it does not explain monopolistic competition
D. Both the first and second option

Up To Date Alternative Theories Of The Firm MCQs ( Economics ) MCQs – New Economics MCQs