The Creation of Value

question 6

Multiple Choice

The creation of value:

• A)implies that one firm will gain at the expense of others.
• B)provides benefits to society as scarce resources are directed to their most productive use.
• C)is not a practical goal since it cannot be measured effectively.
• D)is achieved only if cash flows exceed accounting profits.

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Definitions:

Psychology

The scientific study of the mind and behavior, covering various aspects of conscious and unconscious experience as well as thought.

Mortality

The state of being subject to death.

Age

The length of time that a person has lived or a thing has existed.

Ethnicity

A category of people identified with each other through a shared heritage, culture, language, or common ancestry.