The Goal of Business Is to Maximize Profits

question 17

True/False

The goal of business is to maximize profits.

---

Definitions:

Psychoanalysis

The system of psychotherapy developed by Freud that focuses on uncovering the unconscious material responsible for a patient’s disorder.

Behaviorism

A theory in psychology that focuses on observable behaviors and dismisses mental states as irrelevant.

Behavior Approach

A theory in psychology focusing on observable behaviors rather than on the internal mental state, emphasizing the learning processes that lead to changes in behavior.

Rewards

Positive reinforcements or incentives used to encourage specific behaviors or responses, often serving as motivators in learning and behavior modification.