What is Kenneth Andrews referring to when he says: "There is no way to divorce the decision determining the most sensible economic strategy for a company from the personal values of those who make the choice?"
A) eliminating inconsistencies between the goals of the firm and managerial inclinations
B) resolving conceptual biases
C) corporate governance
D) management preferences

Question

Quizplus · Accepted Answer

Kenneth Andrews is referring to the fact that the personal values of those who make a decision about the most sensible economic strategy for a company cannot be separated from the decision itself. This means that the preferences and values of the management team will play a significant role in determining the course of action that the company takes. Hence, Option D, management preferences, is the best choice.

What Is Kenneth Andrews Referring to When He Says: "There