Final answer:
The statement is false; both process management and project management experience are valued by senior managers as they serve different but important roles within a business.
Step-by-step explanation:
The notion that senior managers value process management experience over project management experience is false. Both types of management experience are crucial to the success of a business, and they serve different roles. Process management is focused on the ongoing operations and efficiencies within a business, helping to improve performance, reduce costs, and gain market share through day-to-day activities. On the other hand, project management revolves around planning, executing, and closing projects which are typically unique, temporary efforts with a specific goal in mind. Organizations that seek to innovate and adapt to changing market conditions also highly value project management expertise to ensure the successful completion of new initiatives.
As firms become established and their strategies indicate profitability, they attract financial capital more easily, not necessarily because of a preference for one type of management experience over the other. In such scenarios, comprehensive information about the company's products, revenues, costs, and profits becomes more readily available to investors like bondholders and shareholders, who may not know the individual managers personally.