Question

D Question 2 1 pts What are some of the implications of the Institutional Imperative Buffett describes in his Lessons for Corporate America? (choose all that apply) O Corporate projects, merger or acquisitions often materialize to soak up available company resources O Deals or agendas pursued by the leader are often supported by detailed studies proving their merits, even if the idea is misplaced Peer companies are often mindlessly imitated. this powerful force often interferes with rational business decision-making

Answer 1

The institutional imperative can lead to

(a) Using up all available funds within the company by means of mergers and acquisitions.

(b) Mindless imitation of peer companies.

(c) Any business craving of the leader, however irrational it might be, is supported by strategic studies and facts that support it.

(d) The change in the current direction of a business is  always opposed by itself.

In view of these points from Warren Buffet's writings, all four points are relevant and correct.