Author Question: Bob is on the board of Megagiant Corp. and Karen is on the board of Supersize Inc. Both Bob and ... (Read 68 times)

pepyto

  • Hero Member
  • *****
  • Posts: 547
Bob is on the board of Megagiant Corp. and Karen is on the board of Supersize Inc. Both Bob and Karen serve on the board of Mega-Superbank. This type of interlocking directorate is called a(n)
 
  a. direct interlock.
  b. indirect interlock.
  c. conflict of interest.
  d. shared monopoly.

Question 2

Which of the following is one of the negative consequences of megamergers?
 
  a. They increase the centralization of capital, reducing competition and raising prices for consumers.
  b. They increase the power of unions for the workers who are employed by these companies.
  c. They eliminate the corporate debt that finances the government and its programs.
  d. They create overproduction in terms of new plants, products, and jobs.



k.lashomb

  • Sr. Member
  • ****
  • Posts: 346
Answer to Question 1

Answer: b. indirect interlock.

Answer to Question 2

Answer: a. They increase the centralization of capital, reducing competition and raising prices for consumers.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

For a complete list of videos, visit our video library