In Order to Maximize Profits the Firm Chooses Organizational Forms

question 1

Multiple Choice

In order to maximize profits the firm chooses organizational forms that allow:

• A)shareholders a say in operations.
• B)owners to run the firm.
• C)individual incentives to match with firm objectives.
• D)the firm to charge the highest prices.

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Definitions:

Customer Service

The assistance and support provided by a company to those people who buy or use its products or services.

Number Of Sales Calls

The total count of direct interactions, typically phone calls, made by sales representatives to potential or existing customers.

Output-Related Sales Objectives

Targets set by a business related to the quantity of sales or revenue generated within a specific period.

Unit Sales

The measurement of the quantity of items sold, not taking into account the revenue generated.