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:

Language Influence

The effect that language has on perception, thought, and behavior, following the theory that the language we use shapes our understanding of the world around us.

Procedural Memory

A type of long-term memory involved in the learning of skills and procedures that can be performed without conscious thought.

Neural Network

A computer system modeled on the human brain's network of neurons, designed to recognize patterns and solve problems.

Linguistic Determinism

The theory that the structure of a language determines or greatly influences the modes of thought and behavioral characteristic of the culture in which it is spoken.