A Primary Aim of Corporate Management Should Be To

question 63

Multiple Choice

A primary aim of corporate management should be to:

• A) maximise the company's profit.
• B) maximise the number of shareholders.
• C) maximise the shareholders' wealth.
• D) minimise the company's costs.

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Definitions:

Socially Unstructured

Describes situations or environments without predefined rules or norms, allowing for more spontaneous and organic interactions.

Units of Authority

Structures or segments within an organization that possess specific powers and responsibilities to make decisions.

Organizational Survival

The ability of an organization to continue functioning over time, adapting to changes and overcoming challenges in its environment.

Motivated to Join

Refers to the intrinsic or extrinsic factors that drive an individual to become part of a group, organization, or movement.