9 About formal instruments

Which two of the following statements about the purpose and starting points of financial management are false? Choose two (2) of the answer options below, which correctly answer the question asked.

1. The business concept should clarify what distinguishes the company from its competitors.

2. In the organizational form of the vertical perspective, customers' wishes penetrate all organizational units, regardless of whether the units are close to the market or not.

3. In the organizational form of the horizontal perspective, the company is seen as a series of processes with a range of activities within each process.

4. Financial management can be considered as a tool for implementing strategies

5. The function of the vision can be legitimizing in relation to different stakeholders.

6. The vision states how the company wants the owners to perceive the company.