Question $32$

$1$ pts

How did poor performance across Corporate America at the beginning of the $1980$ s come to be widely understood within the business world?

It was the inovitable consequence of missuided polioy interventions by the federal government, which should have left markets to operate on their own.

It was the result of a long$-$term shift in the U$.$S$.$ from a manufacturing$-$based to a service$-$based economy, over which managers had little or no control.

It was the product of a short$-$sighted strategy to boost share price in the short term.

It was the outcome of wasteful managers not sufficiently concerned about returns to investors.