Large firms tend to err on the side of conservatism and are slower to take corrective action

Question:

Large firms tend to err on the side of conservatism and are slower to take corrective action than smaller ones. Why do you suppose this is?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For book-img-for-question

Marketing Mistakes And Successes

ISBN: 9780470169810

11th Edition

Authors: James F. Dartley

See More Books

Question Posted: Aug 18, 2012 01:51 AM

See More Questions

Why do you suppose that smaller firms tend to rely on bank financing while larger companies are more apt to sell bonds in financial markets?
Why do you suppose that forensic DNA analysis relies principally on short tandem repeats (repeat polymorphisms), rather than single- nucleotide polymorphisms, such as that described on page 669 and...
Why do you suppose that business schools with weaker programs typically display their category ratings on billboards, whereas those with stronger programs usually do not place ads on billboards at...
Design a suitable angle section to carry a factored tensile force 210 kN assuming a single row of M20 bolts. The yield strength and ultimate strength of the material is 250 MPa and 410 MPa,...
Distinguish between the internal and external urethral sphincters.
What are the primary duties of top management? LO.1
What is the Groupon Promise? How does the Groupon Promise affect a consumers perceived risk and cognitive dissonance?
Explain why automobile manufacturers produce their own engines but purchase mirrors from independent suppliers.
Mack Precision Tool and Die has two production departments, Fabricating and Finishing, and two service departments, Repair and Quality Control. Direct costs for each department and the proportion of...
The accompanying data describe the hourly wage rates (dollars per hour) for 30 employees of an electronics firm: Construct a frequency distribution and a histogram for these data. 22.66 24.39 17.31...
How can a firm speed up its awareness of emerging problems so that it can take corrective action? Be as specific as you can.
Which is likely to be more costly to a firm, errors of omission or errors of commission? Why?
Nevada Corporation purchased Stardust Club for $2,000,000, which included $500,000 for goodwill . Nevada Corporation incurs large promotional and advertising expenses to maintain Stardust Clubs...
Solve xy' - 2y = x.
Vanishing Games Corporation (VGC) operates a massively multiplayer online game, charging players a monthly subscription of $15. At the start of January 2021, VGC's income statement accounts had zero...
Financial data, medical service data, and staffing data are best defined as what type of data
. What is meant by the term "foreign exchange rate"? In general, what causes foreign exchange rates to vary over time? . Do changes in foreign exchange rates benefit or hurt U.S. companies that are...
Primare Corporation has provided the following data concerning last month's manufacturing operations. Purchases of raw materials Indirect materials used in production Direct labor Manufacturing...
Why does the activity-based costing approach to CVP analysis offer more insight than the conventional approach does? LO1
The unadjusted trial balance of Secretarial Services is as follows: SECRETARIAL SERVICES Unadjusted Trial Balance as at 31 December 2017 Account Debit Credit Cash at bank Office supplies Prepaid...
Due to a construction error, the support at $D$ has been constructed 0.6 in. to the left of column $B D$. Using moment distribution, determine the reactions that are created when the frame is...
Identify the seven principles of entrepreneurial finance.
Explain the statement: "The time value of money is not the only cost involved in renting someone's financial capital."
How do public and private financial markets differ?
This is a partial adjusted trial batance of Cullumber Compary manualys
Which of the following journal entries will record the payment of a $1,500 salaries payable originally incurred for Salaries Expense? Select one: A. Debit Salaries Expense; credit Salaries Payable B....
What is the definition of substantially appreciated inventory? A. Inventory with a FMV greater than its basis B. Inventory and unrealized receivables with a FMV greater than their basis C. Inventory...

Large firms tend to err on the side of conservatism and are slower to take corrective action

Question:

Step by Step Answer:

Generally the larger the organization the slower it can make changes Take ...View the full answer

Marketing Mistakes And Successes

Students also viewed these Finance questions