The Most Important Managerial Objective Is To

question 82

Multiple Choice

The most important managerial objective is to:

• A)make MC=MR
• B)maximize profits
• C)minimize agency costs
• D)none of these

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Definitions:

Job Satisfaction

The level of contentment employees feel about their work, which can affect their performance and retention.

Employee Behaviour

The actions and conduct of individuals at their workplace, encompassing both task-related behaviors and interpersonal dynamics.

Expectancy Theory

A motivation theory that suggests an individual's behavior is determined by their anticipated results or rewards.

Motivation

The psychological drive that compels individuals to act towards achieving goals or fulfilling needs and desires.