Three Different Objectives Relate to a Firm's Profit

question 79

Multiple Choice

Three different objectives relate to a firm's profit.One objective,known as ________,is common in many firms because the targets can be set and performance measured quickly.

• A)managing for long-run profits
• B)target return
• C)break-even strategy
• D)maximizing current profit
• E)minimizing risk

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Definitions:

Active Voice

A sentence structure where the subject performs the action stated by the verb, typically making the writing clearer and more engaging.

Printed Memo

A written message, typically used within an organization, that is distributed in a printed format to convey important information to employees or members.

Formal Communication

Communication that follows established protocols and structures, often within organizational settings, such as reports or official meetings.

Electronically

Pertaining to processes or systems that operate via electronic devices or the internet.