- 1 Marks
BMF – May 2016 – L1 – SA – Q5 – Nature of Business, Types, and Objectives
This question assesses the understanding of corporate objectives in relation to stakeholders.
Question
It is often assumed that the main objective of a company should be to maximise the wealth of its shareholders. Johnson, Scholes, and Whittington state that the objective of an entity should be to ………………
A. Fulfil ‘stakeholder’ expectations
B. Fulfil ‘stakeholder’ values
C. Fulfil ‘shareholder’ expectations
D. Fulfil ‘government’ expectations
E. Fulfil ‘stakeholder’ thinking
Find Related Questions by Tags, levels, etc.
- Tags: Business Objectives, Corporate Goals, Stakeholders
- Level: Level 1
- Topic: Nature of Business, Types, and Objectives
- Series: MAY 2016
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