The Goal of the Manager of a Firm Is Sales

question 98

Multiple Choice

The goal of the manager of a firm is sales maximization.The firm will produce

• A)the output level at which MR = 0.
• B)as much output as it can.
• C)the same output that it would if the goal was profit maximization.
• D)the same output that it would if the goal was cost minimization.

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Definitions:

Unfreezing

The initial phase in the change process where existing behaviors, attitudes, or norms are challenged or questioned in preparation for change.

Driving Forces

Elements that motivate or push an organization or individual towards a particular direction or goal.

Restraining Forces

are factors or influences that resist or oppose change, hindering movement towards a desired state.

Stability

The quality of being resistant to change, maintaining a consistent state over time, or returning to an equilibrium after a disturbance.