Ch. 1: Questions 3 & 11 (Concepts Review and Critical Thinking Questions section)
3. Corporations What is the primary disadvantage of the corporate form of organization? Name at least two advantages of corporate organization.
11. Goal of the Firm Evaluate the following statement: Managers should not focus on the current stock value because doing so will lead to an overemphasis on short-term profits at the expense of long-term profits.
Ch. 2: Questions 4 & 9 (Questions and Problems secti Plus