Identify all of the correct statements:
a. To motivate managers in non-profit firms, no employee incentives are needed
b. Managers naturally seek to maximize shareholders' wealth
c. Managers act in their own interests, and so there is no way to align their interests with those of the owners
d. To align the interests of managers and owners, owners must design systems to monitor and reward management behavior that increases the firm's profits
e. None of the answers are correct
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Identify all of the correct statements: a. To motivate managers in non-profit firms, no employee incentives are needed b. Managers naturally seek to maximize shareholders' wealth c.
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