A first step in determining managerial objectives is to:

Name: A first step in determining managerial objectives is to:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Managers should focus on serving the needs of the customer as this will drive the success of the business. Developing appropriate compensation policies and selecting an appropriate capital structure are important, but they should be secondary to customer satisfaction. Eliminating agency problems is also important, but is not directly related to setting managerial objectives.

A First Step in Determining Managerial Objectives Is To