15. Barringer, B. R., & Jones, F. F. (2004, Apr). Achieving Rapid Growth Revisiting The Managerial Capacity Problem Flashcards
1
Q
The administrative framework consits of which two kind of services for a firm’s growth?
A
- Entrepreneurial services
- Managerial services
2
Q
What constrains the ability to increase managerial services?
A
- The time required to hire and socialzie new managers
- How motivated managers are to grow their firm
- Adverse selection
- Moral Hazard
3
Q
What are measures that can help lessen the impact of adverse selection?
A
- Maintaining high standards
- Providing financial incentives