Author Question: Bob is on the board of Megagiant Corp. and Karen is on the board of Supersize Inc. Both Bob and ... (Read 65 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?

Certain topical medications such as clotrimazole and betamethasone are not approved for use in children younger than 12 years of age. They must be used very cautiously, as directed by a doctor, to treat any child. Children have a much greater response to topical steroid medications.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

People with alcoholism are at a much greater risk of malnutrition than are other people and usually exhibit low levels of most vitamins (especially folic acid). This is because alcohol often takes the place of 50% of their daily intake of calories, with little nutritional value contained in it.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

For a complete list of videos, visit our video library