Managing for Long-Run Profits Implies That a Company

question 196

Multiple Choice

Managing for long-run profits implies that a company

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

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Definitions:

Collision Detection

A method used in networking to identify when two devices attempt to send information over the network channel at the same time, causing a collision.

Access Control Scheme

A method or protocol that determines how to grant or restrict access to resources or environments based on identity or credentials.

ControlNet

An open, high-speed, deterministic network that transfers on the same network time-critical I/O updates, controller-to-controller interlocking data, and non-time-critical data such as data monitoring and program uploads and downloads.

High Speed

Refers to operations or processes that occur at a fast rate, typically within systems or machines that require rapid response times.