Managerial preferences are formed by the interaction of
A) needs, wants, and requirements
B) achievement goals, personal attributes, and the financial performance of the firm
C) values, salary level, and Board preferences
D) needs, beliefs, and situational pressures

Question

Quizplus · Accepted Answer

Managerial preferences are shaped by the personal needs and beliefs of the manager, as well as the situational pressures that they face. These factors influence how an individual prioritizes goals, makes decisions and takes action, ultimately shaping their managerial preferences. Values, salary level, and board preferences can also play a role, but not as central as the personal needs and beliefs of the manager, along with situational factors. Achievement goals and financial performance of the firm may also impact managerial preferences to some extent, but they are not as significant as needs and beliefs. Therefore, option D is the best choice.

Managerial Preferences Are Formed by the Interaction of