The emergence and proliferation of the business corporation depended upon:
A) Laws to permit the existence of a separate legal entity for such a corporation.
B) Laws permitting limited liability.
C) The development of effective structures to manage organisations comprising thousands of people.
D) All of the above
Correct Answer:
Verified
Q52: The fact that a corporation has a
Q53: Specialization enables:
A)Gains of effectiveness for the whole
Q54: Roles and directives, mutual adjustment, and routines
Q55: The agency problem refers to:
A)The risk that
Q56: Hierarchy is a feature of:
A)Social systems
B)Almost all
Q58: To chose a coordination mechanism, managers must
Q59: Adaptability, as one advantage of hierarchy, requires:
A)Flexibility
B)Some
Q60: Shared values are an example of:
A)Industry beliefs
Q61: Until the late nineteenth century nearly all
Q62: Adhocracy is a structure where values, motivation,
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