A company X is unlikely to disclose its organizational chart to its competitor company Y to prevent ...

A company X is unlikely to disclose its organizational chart to its competitor company Y to prevent leak of important strategic information about itself.
  Indicate whether the statement is true or false

QUESTION 2

The board of directors and the CEO
 A) do not have a principal/agent relationship.
  B) are agent and principal, respectively.
  C) are principal and agent, respectively.
  D) are one in the same for small corporations.

QUESTION 3

The income effect of a wage increase:
 a. results in an increase in the quantity of labor supplied.
  b. results in a decrease in the quantity of labor supplied.
  c. has no impact on the quantity of labor supplied.
 d. results in a decrease in the quantity of leisure enjoyed.

QUESTION 4

An organization chart reveals all the formal and informal alliances between the various levels and departments within the organization.
  Indicate whether the statement is true or false

QUESTION 5

Often managers require a payment due to their risk aversion. This payment is called
 A) a golden parachute.
  B) greenmail.
  C) a poison pill.
  D) rollover compensation

QUESTION 6

When the wage rate increases:
 a. all workers wish to work more hours.
 b. all workers wish to work fewer hours.
 c. the number of hours laborers wish to work does not change.
 d. some workers will wish to work more hours, and some will wish to work fewer hours.