Question

What is necessary for organizations to achieve higher growth, larger market share, and maximization of profits and wealth?

a.

Use of advanced technology only

b.

Financial analysis and planning and strategic actions by corporate management

c.

Corporate management setting goals and objectives only

d.

Market leadership in terms of product development only

Answer: (b).Financial analysis and planning and strategic actions by corporate management Explanation:Achieving higher growth, larger market share, and maximization of profits and wealth is possible through financial analysis and planning and strategic actions by corporate management.

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Q. What is necessary for organizations to achieve higher growth, larger market share, and maximization of profits and wealth?

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