The Primary Goal of Corporate Management Should Be To

question 75

Multiple Choice

The primary goal of corporate management should be to:

• A) maximize the number of shareholders.
• B) maximize the firm's profits.
• C) minimize the firm's costs.
• D) maximize the shareholders' wealth.

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Definitions:

Accidents

Unplanned, unexpected events that result in injury or damage, often attributable to a lack of judgement, attention, or understanding.

Childhood Obesity

A serious medical condition affecting children and adolescents, characterized by a body mass index (BMI) at or above the 95th percentile for children of the same age and sex.

Adequate Sleep

The amount of sleep required for a person to feel rested and function effectively, varying by age and individual needs.

Socioeconomic Status

An indicator of the economic and social standing of a person or group in comparison to others, determined by factors such as income, education level, and type of employment.