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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?

A. Stage in lifecycle.
B. Overlap of shareholders and management.
C. Quality of management.

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quanttrader not accountable to shareholders
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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

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.