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Basic Question 3 of 4
Which factor is the main reason that private companies may take a longer term perspective when developing company strategies?
B. Overlap of shareholders and management.
C. Quality of management.
A. Stage in lifecycle.
B. Overlap of shareholders and management.
C. Quality of management.
User Contributed Comments 1
User | Comment |
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quanttrader | not accountable to shareholders |

I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.

Andrea Schildbach
Learning Outcome Statements
describe uses of private business valuation and explain applications of greatest concern to financial analysts;
CFA® 2025 Level II Curriculum, Volume 4, Module 25.