Managing for Long-Run Profits Implies That a Company Will

question 99

Multiple Choice

Managing for long-run profits implies that a company will

• A)give up immediate profit in exchange for achieving a higher market share in hopes of penetrating competitive markets.
• B)maintain a given price range to ensure there is no loss of customers over time, even if the profit margin declines.
• C)invest excess cash in bonds and certificates of deposit in order to counteract any inflationary economic changes in the future.
• D)reinvest all profits into market research or product research rather than returned to shareholders.
• E)drop all products, product lines, or divisions that cannot maintain their pricing goals.