You have recently been promoted. In looking through the prior supervisor's records, you note that she had regular meetings with her employees both individually and as a team. The meetings seemed to focus on how important the individual's and the team's efforts were to the organization's objective. What was this supervisor good at?

Which of the following statements is correct? stockholders should generally be happier than bondholders to have managers invest in risky projects with high potential returns as opposed to safe projects with lower expected returns. potential conflicts between stockholders and bondholders are increased if a firm's bonds are convertible into its common stock. takeovers are most likely to be attempted if the target firm’s stock price is above its intrinsic value. one advantage of operating a business as a corporation is that stockholders can deduct their pro rata share of the taxes the firm pays, thereby eliminating the double taxation investors would face in a partnership.