In Firms That Are Attractive to Shareholders the Actions of Senior

question 42

Multiple Choice

In firms that are attractive to shareholders the actions of senior management align with the interests of shareholders. What term is used to describe such a situation?

• A) A Company congruence
• B) Profit maximisation
• C) Goal congruence
• D) Competitive maximisation

---

Definitions:

Loyal Customers

Individuals who repeatedly purchase products or services from the same brand or company, often due to positive experiences or satisfaction.

Restructuring

The act of organizing something, such as a company or system, differently in order to make it operate more effectively.

Turnaround

The process of implementing significant changes in a company to address financial or operational issues and improve performance and profitability.

Multidomestic Strategy

A strategy that customizes products and advertising to best fit local needs.