If a Firm's Managers Want to Maximise Share Price It

question 20

True/False

If a firm's managers want to maximise share price it is in their best interests to operate efficient, low-cost plants, develop new and safe products that consumers want, and maintain good relationships with customers, suppliers, creditors, and the communities in which they operate.

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Definitions:

Journal Entries

The method used in accounting to record all the financial transactions of a business, ensuring every credit entry is matched with a debit entry.

Media Regulation

involves the control and guidance of media operations through laws and guidelines to ensure public good, accuracy, and respect for privacy.

Government Intervention

Actions taken by a government to influence or regulate various activities, industries, or economic markets for the public good.

Democratic Societies

Societies where the government is elected by the people, typically featuring principles of equality, freedom of speech, and fair play under a rule of law.