The first choice...relevant to ALL organizations. Hmmmm, the financial manager at our Central Texas Girl Scouts does not have that as her goal, I am certain.
Second: True, that is one way. There are about a thousand other ways.
Third: Always true
So, false: I vote for the first as false, the word "all" being what sticks in my craw.
Which of the following statements is not true regarding the goal of financial management?
The goal of maximizing the value per share of existing stock is relevant to all organizations.
A way of aligning management goals to shareholder’s interest is to tie managerial compensation to the market value of the firm’s stock.
For a company considering international operations, the goal will be the same but the company will have to consider the local social, economical and political environment in the decision-making process.
All of the above are true
2 answers
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