In Which Situation Might a Company NOT Want to Maximize

question 17

Multiple Choice

In which situation might a company NOT want to maximize profit?

• A) A small business owner who sells a highly specialized product at a high price in order to compete with more established businesses in the area
• B) A family-owned company that has to decide between hiring a family member and hiring a highly-qualified external candidate
• C) A conglomerate with a highly streamlined supply chain who sells generic goods
• D) A corporation that has performed poorly in the last two quarters and is looking for new upper-management

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Definitions:

Silent Invasion

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An American politician and military officer who served as a United States Senator from Arizona from 1987 until his death in 2018 and was the Republican nominee for President in 2008.

Glenn Beck

An American conservative political commentator, radio host, and television producer, known for his right-wing views, and the founder of TheBlaze, a multiplatform news and entertainment network.