Which of the following is true about the differences between M-form and U-form firms?
a. As M-form firms are more diversified, it is more difficult for the management to acquire and compare information about products and locations than a U-form firm.
b. A U-form firm can better incentivize managers than M-form firms.
c. In an M-form firm the interests of executives in product or geographic divisions can bebetter aligned with those of shareholders compared to a U-form firm.
d. M-form firms usually operate in fewer markets than U-form firms.
Question 2
In which market type does one find the most advertising
A) monopolistic competition
B) oligopoly
C) perfect competition
D) monopoly
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