To Maximise the Value of a Firm,managers Must Pursue Strategies

question 23

Multiple Choice

To maximise the value of a firm,managers must pursue strategies that increase the ______f the enterprise and its rate of ______growth over time.

• A)value;successful
• B)viability;productivity
• C)profitability;profit
• D)gains;product

---

Definitions:

Rental Cost

The price paid for the temporary use of a good, service, or property owned by another entity.

Capital

Resources or assets used in the production of goods and services.

College Education

Refers to the post-secondary education that students receive at universities, colleges, and other institutions, offering degrees and certifications beyond high school education.

Energy-Saving Machine

A type of machinery or device designed to use less energy for the same level of output, contributing to efficiency and reduced environmental impact.