In Finance the Primary Goal of Management Is To

question 86

Multiple Choice

In finance the primary goal of management is to:

• A) utilize its economic resources in the most advantageous way.
• B) minimize all possible expenses.
• C) maximize shareholder wealth which is generally achieved by maximizing stock price.
• D) make the best use of its assets.

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Definitions:

Humility

A personal quality characterized by a lack of arrogance or pride and a recognition of one's limitations and the value of others.

Societal Impact

The effect an organization, individual, or action has on the broader social, economic, and environmental context in which it operates.

Leader Empowerment

The process of increasing the capacity of individuals to make choices and to transform those choices into desired actions and outcomes.

Organizational Performance

A measure of how effectively and efficiently an organization achieves its goals and objectives.