A Maximizing Current Profit Objective Implies That a Company Chooses

question 80

Multiple Choice

A maximizing current profit objective implies that a company chooses to

• A)set targets whose performance can be measured quickly.
• B)give up immediate profit in exchange for achieving a higher market share in hopes of penetrating competitive markets.
• C)set a profit goal that is often determined by its board of directors.
• D)reduce investment in any further market or product research.
• E)set prices based on return on sales.

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Definitions:

Behavioral Outcomes

The observable and measurable actions or reactions of individuals or groups as a result of specific stimuli or interventions.

George Homans

An American sociologist known for his work in developing social exchange theory, which explains social behavior in terms of the exchange of goods, services, and recognition.

Value

The importance, worth, or usefulness of something, often influenced by social norms and individual perceptions.

Less Valuable

Considered to have lower worth or importance in comparison to something else.