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The Failure of Companies Such as Enron,WorldCom,Royal Bank of Scotland,and

Question 46

Multiple Choice

The failure of companies such as Enron,WorldCom,Royal Bank of Scotland,and Kaupthing Bank of Iceland illustrate:


A) The hazards of growth through acquisition
B) The ineffectiveness of most company boards of directors
C) The potential for companies to be vehicles for the personal ambitions of chief executives
D) How easily the stock market is fooled by ambitious,visionary CEOs

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