Which of the Following Best Describes the Managerial View on the Purpose

question 43

Multiple Choice

 Which of the following best describes the managerial view on the purpose of business?

• A) A business framework where the job of top managers is to produce the highest possible stock market valuation of the firm's assets
• B) A business framework that attempts to organize and analyze multiple groups that interact with the firm
• C) A business framework where organizational structure is based on fit between the organization and various aspects in its environment
• D) A business framework where the firm is seen as a mechanism for converting raw materials into products to sell to customers

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