4) Costs that continue even if no units are produced are called a) Variable costs b) Mixed costs c) Fixed costs d) Marginal costs

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5) ________is concerned with the maximisation of a firms earnings after taxes.

a) Shareholder wealth maximisation b) Profit maximisation c) Stakeholder maximisation d) Balance of payment

6) Corporate governance success includes three key groups. Which of the following represents these three groups?

a) Suppliers, managers, and customers b) Board of directors, executive officers, and common shareholders c) Suppliers, employers, and customers d) Common shareholders, managers, and customers

7) _________ is the collection and interpretation of information about forces, events, and relationships that may affect the organization

a) Stakeholder analysis b) Environmental scanning c) Market sampling d) Opportunity analysis