Question

Which of the following statements is true of the concentrated organizational structures of non-U.S. firms?

a. The concentrated organizational structures of non-U.S. firms permit managers to focus more on short-term earnings.

b. The concentrated organizational structures of non-U.S. firms result in restricted access to credit in times of financial difficulty.

c. The concentrated organizational structures of non-U.S. firms make it difficult to change managers.

d. The concentrated organizational structures of non-U.S. firms reduce the managerial focus on wealth maximization.

e. The concentrated organizational structures of non-U.S. firms result from the universal banking relationships that exist outside the United States.

Answer

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