Value-Based Management Refers To

question 8

Multiple Choice

Value-based management refers to:

• A) a framework for applying EVA to all business decisions.
• B) a framework for making key business decisions that add economic value to the business.
• C) a philosophy that management should focus on creating customer value.
• D) a valuation technique that uses discounted cash flows to estimate imputed cost of capital.

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Definitions:

Organizational Behavior

The study of how people interact within groups in a workplace setting and how this affects the organization's functioning.

Delphi Method

A structured communication technique that uses a panel of experts who anonymously answer questionnaires and provide feedback in multiple rounds to converge on a consensus on a specific issue.

Brainstorming

A technique for collective creativity aimed at producing numerous ideas to solve a problem.

Brainstorming

A creative group problem-solving technique that involves generating a large number of ideas to find a solution to a particular issue.