The Financial Goal of a Corporation Is To

question 30

Multiple Choice

The financial goal of a corporation is to:

• A)maximize profits.
• B)maximize sales.
• C)maximize the value of the firm for the shareholders.
• D)maximize managers' benefits.

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Definitions:

Faxing

The transmission of scanned documents or texts over a telephone line, typically using a facsimile machine.

Instant Messaging

A form of online communication that allows real-time text transmission over the internet or a computer network.

Media Richness

A theory that describes the capacity of a communication medium to accurately reproduce the information sent over it.

Advertising

The action of calling public attention to products, services, needs, etc., especially by paid announcements in print, broadcast, or online media.