Value-Based Management Refers To

question 43

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:

Technical Skills

The specific knowledge and abilities required to perform tasks related to science, engineering, technology, or other specialized fields.

Market Survey

A research method used to collect information about consumers' needs and preferences in a specific market.

Business Plan

A detailed document outlining the strategy, objectives, financial projections, and operational guidelines for a business to achieve its goals.

Managerial Competencies

The skills, knowledge, and abilities required by managers to effectively perform their roles.