Which of the Following Options Best Describes How Financial Managers

question 36

Multiple Choice

Which of the following options best describes how financial managers primarily contribute to their firms' success?

• A) Through investment and finance decisions based on a search for profit maximisation over the next five years.
• B) Through finance decisions that aim to reduce costs of production.
• C) Through investment and finance decisions based on a search for company growth and stability.
• D) Through investment in sound advice from independent advisers.

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Definitions:

Technological Advance

The development and application of new technologies and processes that improve efficiency, productivity, or performance.

Substitute

A second definition, phrased differently: An alternative product or service that consumers may opt for when the original is unavailable, too expensive, or of lower quality.

Important Resource

A critical asset or input used in the production of goods or services that significantly impacts an organization's or ecosystem's functionality.