Maximizing Profits Is the Same as Maximizing the Value of the Firm

question 54

True/False

Maximizing profits is the same as maximizing the value of the firm.

---

Definitions:

Sympathetic

Pertaining to the part of the autonomic nervous system that typically prepares the body for action in stressful situations, activating the fight-or-flight response.

Id

In psychoanalytic theory, the part of the psyche that is the source of instinctual impulses and demands for immediate satisfaction of primitive needs.

Primitive Instinctive

Primitive instinctive behavior refers to basic, innate responses or actions that are not learned but are present from birth, aimed at survival and reproduction.

Five-Factor Model

A theory identifying five main personality traits: openness, conscientiousness, extraversion, agreeableness, and neuroticism, as the basic structure of personality.