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Basic Question 6 of 8
Which statement is true?
I. In general, managers should favor profit growth over current profitability.
II. In general, a company can always satisfy the claims of all stakeholders if it chooses to do so.
User Contributed Comments 2
| User | Comment |
|---|---|
| ewantanner | Tricky Tricky |
| Rasikh | "Profit is important for survival, while growth is essential for long term success". They feed on each other. |
Thanks again for your wonderful site ... it definitely made the difference.
Craig Baugh
Learning Outcome Statements
describe a company's stakeholder groups and compare their interests
CFA® 2024 Level I Curriculum, Volume 2, Module 2.