Unit 1
assessment
Question 1 Explain what a firm’s goal is from both a
shareholder and stakeholder approach.
Your response should be at least 75 words in length.
Question 2 Discuss three main organizational forms used in
forming a business.
Your response should be at least 75 words in length.
Question 3 Review how managers responding to incentives may
result in an agency problem.
Your response should be at least 75 words in length.
Question 4 Explain the incremental cash flow concept and why
it is important.
Your response should be at least 75 words in length.
Question 5 Discuss why cash flows are important in finance.
Your response should be at least 75 words in length.
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