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Which of the Following Best Describes the Managerial View on the Purpose

Question 4

Multiple Choice
 Which of the following best describes the managerial view on the purpose of business?
A) A business framework where the job of top managers is to produce the highest possible stock market valuation of the firm's assets
B) A business framework that attempts to organize and analyze multiple groups that interact with the firm
C) A business framework where organizational structure is based on fit between the organization and various aspects in its environment
D) A business framework where the firm is seen as a mechanism for converting raw materials into products to sell to customers

 Which of the following best describes the managerial view on the purpose of business?


A) A business framework where the job of top managers is to produce the highest possible stock market valuation of the firm's assets
B) A business framework that attempts to organize and analyze multiple groups that interact with the firm
C) A business framework where organizational structure is based on fit between the organization and various aspects in its environment
D) A business framework where the firm is seen as a mechanism for converting raw materials into products to sell to customers

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