Question

1. According to stewardship theory, serving on an entity's board of directors:

   		is a personal wealth creation opportunity
   		is purely for a director's self-interests
   		is a chance to play a role in the proper workings of the marketplace
   		is for the benefit of one stakeholder, the entity

1 points   

QUESTION 3

1. One of the consequences of agency conflicts is:

   		that managers own the business
   		agency costs
   		that shareholders control the money
   		none of the above

1 points   

QUESTION 4

1. The concept of abundance includes both:

   		literal and free abundance
   		functional and lateral abundance
   		literal and functional abundance
   		free and lateral abundance

1 points   

QUESTION 5

1. Stakeholder theory proposes:

   		none of the options are correct
   		the purpose of an entity is to work for the good of all stakeholder groups
   		the sole purpose of an entity is to earn the highest profits for its shareholders
   		an entity's sole responsibility is to its shareholders and creditors

1 points   

ans all of them pls

Answer 1

Q1:

option D

---stewardship theory states that both directors and managers have aligned their goals in a view to maximize the firms value which is the entity.

Q2:

option B; Agency cost is the cost associated during the disparity between the principal and the agent (manager)

Q3:

literal and functional abundance ( is this finance topic? if not please verify)

Q4:

option B:

the purpose of an entity is to work for the good of all stakeholder groups ;

---stakeholders focuses on all stakeholders of a company which include employees, creditors, suppliers, owners etc