What might be a problem with democracy as a structure to run a publicly held company?

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Managerial Economics Markets and the Firm

ISBN: 978-0618988624

2nd edition

Authors: William Boyes

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Question Posted: Sep 27, 2014 06:12 AM

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What might be a problem with democracy as a structure to run a publicly held company?

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Democracies are short lived once the majority learns that it can allocate resources and power awa...View the full answer

Managerial Economics Markets and the Firm

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