GENERAL KNOWLEDGE

GK

BUSINESS MANAGEMENT

Question [CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
Which of the following is not an objective applicable to a partnership
A
To make a profit
B
To increase market share
C
To fulfil a market
D
To meet shareholder expectations
Explanation: 

Detailed explanation-1: -A shareholder doesn’t manage the day to day business of the company as this is handled by the board of directors.

Detailed explanation-2: -All shareholders share the objective of minimizing the risk of their investment. Shareholders seek out investments that have the lowest potential for financial loss and do what’s necessary to prevent the loss of their principal.

Detailed explanation-3: -Not managing expectations leads to obstacles such as: Team and stakeholder disengagement. Unclear objectives and goals. Poor prioritization.

Detailed explanation-4: -Identify Stakeholders. Before you can manage your stakeholders’ expectations, you need to know who your stakeholders are. Manage Stakeholders Differently. Keep Stakeholders in the Loop. Share Evidence and Research. Produce Value Regularly. Track Sentiment.

There is 1 question to complete.