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.

Question

Quizplus · Accepted Answer

Concentrated organizational structures in non-U.S. firms often result from universal banking relationships, which are more common outside the United States. These relationships can lead to more centralized control and influence by banks over firms.

Which of the Following Statements Is True of the Concentrated