In general, diffuse ownership of a rm produces weak monitoring of its managers' decisions. Diffuse ownership implies presence of: O a large number of shareholders with small holdings and few large-block shareholders Q a large number of largeblock shareholders and many institutional owners O a small number of institutional owners and man's.r large-block shareholders C) a large number of institutional owners and few shareholders with small holdings How does the market for corporate control serve to align managers' incentives with shareholders' interests? O Outside directors are more likely to enforce and protect shareholder interests O Fewer, powerful owners are better able to monitor executive performance O Poor performance due to poor management increases the threat of acquisition and job loss for the executives O Cronyism among boards of directors can increase regulatory scrutiny, thereby increasing scrutiny on the executive as wellWhich of the following is probably an example of managerial opportunism? O Allocating capital within the firm according to the past performance of different projects, divisions, etc. O Allocating capital evenly between divisions O Taking advantage of a recessionary environment to acquire a distributor for below-market value O Pursuing an acquisition strategy, even though the benefits of the relationship could be achieved more cheaply through contractsIt's 2002, and Sony and Toshiba have both launched competing technologies (Blu-Ray and HD-DVD respectively). In order to encourage the adoption of their technology standard, Sony wants to form an alliance with Panasonic, Philips, Samsung, and LG. The CTO is very concerned about this proposed alliance, because these companies are all in direct competition with Sony; the CTO is worried that they might take advantage of the alliance to steal trade secrets. Sony should: O Write very detailed contracts to prevent their competitors from using any technologies or secrets they may learn about via the alliance O Acquire these firms instead O A and B O Neither A nor B