In Their Initial Discussion About Organizational Purpose, De Wit Points

question 5

Short Answer

In their initial discussion about organizational purpose, De Wit points out how advocates of the shareholder value perspective argue that:
A.Business strategies should be developed in accordance with the interests and values of the company's shareholders, banks, and government
B.Business strategies should be judged by the economic value created for those who invested risk-taking capital in the enterprise
C.Business strategies should be implemented so that investors/shareholders take a significant responsibility for the company's operations
D.Business strategy formulation and implementation are the responsibility of the corporate board of directors.

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Definitions:

Y-variable

The dependent variable in an equation or a model, whose value is predicted or explained by other variables.

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