Question

The group of people to whom the management activity most applies is___________.

Answer 1

Management activities most apply to outside investors like bondholders and shareholders, especially as the firm grows and its financial information becomes more transparent.

Step-by-step explanation:

The group of people to whom management activity most applies, especially as a firm becomes established, includes outside investors such as bondholders and shareholders. Once a company has a strategy that seems likely to be profitable, the need for investors to know company managers personally diminishes. This is because crucial information about the company's products, revenues, costs, and profits becomes more available, giving outside investors the confidence needed to supply financial capital to the firm.