Under the Allocational Efficiency Theory,the Primary Objective of a Business

question 4

Multiple Choice

Under the allocational efficiency theory,the primary objective of a business corporation is to:

• A)maximize profit.
• B)minimize fraudulent activities.
• C)maximize corporate social responsibility.
• D)minimize criticism.

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Definitions:

Condensed

A state of matter that is characterized by particles being in close proximity, typically referring to liquids and solids.

Lewis Structure

A graphical representation of the distribution of electrons in molecules, showing how the atoms are bonded together and the pairs of electrons not involved in bonding.

Boron Trifluoride

A pungent, toxic gas that forms white fumes in moist air and is used in various chemical reactions as a catalyst.

Octet

The state of an atom achieved when it has a full valence shell of eight electrons, making it stable and less reactive.