The Primary Objective of Most Private Firms Is To

question 90

Multiple Choice

The primary objective of most private firms is to:

• A)maximize revenue.
• B)maximize profit.
• C)minimize cost.
• D)maximize output.

---

Definitions:

Motor Starter Coil

An electromechanical component in a motor starter that creates the magnetic field needed to operate the starter contacts.

Power Circuit

The portion of an electrical system that delivers and manages the distribution of power to various components or machinery.

Energized

Refers to a state in which an electrical component, circuit, or system is supplied with power and is operational.

Normally Open

Describes a switch or relay contact that is in a default open state, allowing current to flow only when the contact is actuated to close.