Multiple Choice
Maximising shareholder value
A) is the sole objective of all profit-making companies in every country.
B) is the primary legal obligation in most English-speaking countries.
C) is not the only legal obligation in continental Europe, and in Asia. Firms here are legally obliged to take account of a broad range of stakeholder interests.
D) both b and c.
Correct Answer:
Verified
Correct Answer:
Verified
Q31: Business strategy can be summarized as<br>A)establishing a
Q32: The underlying purpose of studying strategy is<br>A)to
Q33: Strategy today has been forced to evolve
Q34: Strategy and tactics<br>A)are interchangeable terms.<br>B)relate to achievement
Q35: The fundamental role of strategy is to<br>A)determine
Q37: As the environment becomes more turbulent, or
Q38: Corporate strategy is also called business strategy,
Q39: Profit-making firms are about creating value:<br>A)this value
Q40: Business strategy defines<br>A)the way a firm competes
Q41: In the twenty-first century strategy has become