Normally,most Organizational Objectives Can Be Summarized Under Four Categories

question 17

Multiple Choice

Normally,most organizational objectives can be summarized under four categories:

• A)marketing,management,financial,and operations.
• B)survival,market share,earnings per share,and return on investment.
• C)profitability,return on investment,liquidity,and earnings per share.
• D)survival,growth,financial,and sustainability.
• E)growth,maintenance,new product development,and asset management.

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Definitions:

Utility Function

A mathematical representation of how a consumer ranks different bundles of goods such that the higher the function's value, the higher the level of satisfaction.

Price Increase

A situation where the cost of goods or services rises over a period.

Loss of Income

A reduction or complete stoppage of earnings that an individual or entity faces due to various factors like unemployment, disability, or business interruption.

Cigars

Typically a tightly rolled bundle of dried and fermented tobacco that is smoked, considered a luxury good in many cultures.