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Creating Economic Value for Shareholders While Also Creating Social Value

question 14

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Creating economic value for shareholders while also creating social value is known as creating


Definitions:

CFO

Chief Financial Officer; a senior executive responsible for managing the financial actions of a company.

Operating Costs

Expenses associated with the day-to-day operations of a business, including costs of goods sold (COGS) and operating expenses (OPEX).

Controlling

The process of monitoring business performance by comparing actual results with expected outcomes to make necessary adjustments.

Choosing Goals

The process of identifying objectives or desired outcomes that guide decision-making and strategic planning in personal or organizational contexts.

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