Behavioral theories of the firm concentrate on the _______ interests of _______?
Correct answer: D. conflicting; different parts of the firm
- A. common; different parts of the firm
- B. common; mangers
- C. conflicting; managers
- D. conflicting; different parts of the firm
Explanation
Behavioral theories view the firm as a coalition whose departments and groups may pursue conflicting interests, such as sales, production and management objectives. This contrasts with the traditional model of one unified profit-maximising interest.
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