Economics - Alternative Theories Of The Firm
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This is the MCQs of Economics
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Question 1 of 20
1. Question
The traditional profit-maximising theory of the firm has been criticised by some economists because:
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Question 2 of 20
2. Question
A firm may be unable to maximise profits because it:
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Question 3 of 20
3. Question
Public limited companies may not maximise their profits because:
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Question 4 of 20
4. Question
Williamson suggests that managers might NOT try to achieve:
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Question 5 of 20
5. Question
The divorce of ownership and control tends to occur in:
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Question 6 of 20
6. Question
The divorce of owner ship and control causes a problem usually referred to by economists as:
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Question 7 of 20
7. Question
If firm’s satisfice this means that:
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Question 8 of 20
8. Question
A sale maximising firm will produce where:
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Question 9 of 20
9. Question
Sales maximisation is likely to take place in markets that are:
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Question 10 of 20
10. Question
Growth maximisation is the same as:
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Question 11 of 20
11. Question
The merger of fibre producer and a clothing firm would be _____ merger
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Question 12 of 20
12. Question
The merger of two clothing firms would be a ____ merger
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Question 13 of 20
13. Question
The merger of a clothing firm and a software producer would be a _____ merger
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Question 14 of 20
14. Question
Identify below those who are not stakeholders in a company.
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Question 15 of 20
15. Question
Fear to take-overs will lead firms to maximise:
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Question 16 of 20
16. Question
Which of the following is NOT a common reason for a merger?
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Question 17 of 20
17. Question
Behavioural theories of the firm concentrate on the _____ interests of _____
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Question 18 of 20
18. Question
When firm build in Organisational slack they do this in order to:
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Question 19 of 20
19. Question
Galbraith’s idea that firms are controlled by a technostructure supports ______ theories
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Question 20 of 20
20. Question
Firms that engage in satisficing behaviour are likely to be:
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