Managers need to develop firm-specific capabilities to differentiate a firm on governance dimensions and corporate finance.

Question

Quizplus · Accepted Answer

Managers need to develop firm-specific capabilities to differentiate their firm from competitors and create a unique value proposition for investors. This includes developing strong governance practices and financial strategies that align with the company's goals and objectives. By doing so, the company can effectively manage risk, optimize financial performance, and create sustainable long-term value for shareholders.

Managers Need to Develop Firm-Specific Capabilities to Differentiate a Firm