Profits Are Acceptable,a Firm That Has Set Sales as Its

question 289

Multiple Choice

profits are acceptable,a firm that has set sales as its goal may elect to __________,even though profitability may not be maximized.

• A) advertise
• B) reduce its sales force
• C) maintain or increase its sales
• D) decrease its sustainability efforts
• E) maximize customer satisfaction

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Definitions:

Formal Systems

Structured and officially sanctioned frameworks or sets of procedures designed to achieve specific objectives.

Informal Systems

Unofficial, non-structured methods of operation or communication within an organization that emerge naturally among employees.

Work Processes

The structured set of tasks and activities undertaken to achieve organizational goals, which can include methodologies, tools, and techniques used to accomplish work.

Association Power

Power that arises from the ability to establish or leverage connections with influential individuals or groups.