Asked by TEHREEM AHMED on Jun 19, 2024
Verified
Top managers tend to focus on _____ because their jobs and personal identity are often connected to quarterly returns.
A) financial performance
B) employee satisfaction
C) ethical performance
D) the board of directors' recommendations
E) adherence to the code of conduct
Financial Performance
A measure of a company's profitability, financial health, and the effectiveness of its management, as reflected in its financial records and reports.
Quarterly Returns
Financial reports summarizing the earnings, expenses, and net profits of a company for a three-month period, crucial for assessing its short-term financial health.
- Ascertain the influence of senior leadership's emphasis on fiscal performance regarding ethical actions.
Verified Answer
PS
princess shafferJun 22, 2024
Final Answer :
A
Explanation :
Top managers, especially those at publicly traded companies, are often judged by their ability to meet or exceed quarterly financial targets. Their job security and reputation are tied to financial performance, making it a top priority.
Learning Objectives
- Ascertain the influence of senior leadership's emphasis on fiscal performance regarding ethical actions.