Given That a Firm's Profit Is High Enough for It

question 146

Multiple Choice

Given that a firm's profit is high enough for it to remain in business,an objective may be to ________,which will in turn lead to increases in market share and profit.

• A)increase the commitment to social responsibility
• B)increase dollar sales revenue
• C)decrease unit volume while maintaining price
• D)increase research and development funding for new product line extensions
• E)continue with previous policies that seem to be working

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Definitions:

TCP/IP Layer

A set of protocols governing communications among all computers on the Internet. It has four abstraction layers defined by the Transmission Control Protocol and the Internet Protocol.

Ethernet

A technology for connecting devices in a wired local area network (LAN) enabling the transmission of data over a physical cable.

LAN Protocol

A set of rules and standards used for communication within a Local Area Network to ensure the smooth transmission of data.

SMTP

Simple Mail Transfer Protocol (SMTP) is a protocol used for sending emails across the Internet.