Value-based management puts whose interests first?
ACustomers
BShareholders
CEmployees
DLenders
Answer & Solution
Correct answer: B. Shareholders
Value-based management says managers should first consider the interests of shareholders.
Keep practising Strategic Performance Measures
Browse all Strategic Performance Measures questions for CA Final, or explore more Cost and Management Accounting topics.
Related questions
Which framework manages the implementation of corporate strategies?The performance prism considers the needs of whom?In which year did Robert Hamilton publish his book on profit less a capital charge?How many drivers does the widely used shareholder value model have?Which is one of the seven shareholder value drivers?Who argued corporate strategy is tested by value created for shareholders?What is the first stage of the 12 stage benchmarking method?Which is a main cost of running benchmarking?