QUESTION 4 If you were the CEO of a company and was promised a $10M...
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QUESTION 4 If you were the CEO of a company and was promised a $10M bonus if net income were to increase by 10% this year. You might: Increase profits by eliminating much of the advertising, reducing expenses, a good long run result for the company and the stockholders OB Increase profits by eliminating much of the research and development expenses, a good long run result for the company and stockholders. Increase profits by eliminating employee training programa, reducing expenses, a good long run result for the company and stockholders OD. You might do a, b, and e, because profits will go up and you will be happy to receive a the bonus O E. Hold everything, this reward system is misguided because it encourages reducing expenses now in ways that makes you better off (richer) but have negative impact on the future performance of the company
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