Sales Maximization May Be a Goal of a Firm If

question 181

Multiple Choice

Sales maximization may be a goal of a firm if

• A)firms are managed by irrational persons.
• B)the firm has no way to measure profitability.
• C)the firm is privately held, and there is no separation between ownership and control.
• D)managerial bonuses are based on sales revenue instead of profitability.

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Definitions:

Babinski Reflex

A reflex action in infants, which is elicited by stroking the sole of the foot, resulting in the big toe moving upward.

Independent Locomotion

The ability of an individual to move or travel from one place to another without assistance, crucial for developmental autonomy.

Moro Reflex

An infantile reflex normally present in all infants in response to a sudden loss of support, when the infant feels as if it is falling.

Babinski Reflex

A reflex action in infants when the sole of the foot is stroked, causing the big toe to move upward or toward the top surface of the foot while the other toes fan out.