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Steven John works in IBM as a manager. If possible, he always try to be...

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Steven John works in IBM as a manager. If possible, he always try to be lazy, although he has a very high salary. Which of the following statements is true? a. Steven is not paid well. So he doesn't want to work hard b. This phenomenon is caused by the agency problem c. It is normal for Steven not to work hard d. Steven is paid a high salary. So he has no incentive to work hard e. None of the above Which of the following is the reason why sole proprietorship and partnership may not get the best managers in the market? a. The firm is small b. The firm is poor c. Owners usually manage the firm themselves d. Experts don't like to work in sole proprietorship or partnership firms e. None of the above Which of the following is the dis-advantage of a corporation? a single taxation b. unlimited liability c. profit is taxed once . d. owners are the managers e. none of the above Clear my choice In a big corporation, which financial manager is specifically responsible for financing? CFO (chief financial con b treasurer controller d any financial manager None of the above

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