Which of the Following Is the Primary Goal of a Firm

question 83

Multiple Choice

Which of the following is the primary goal of a firm?

• A) Maximize sales
• B) Maximize net income
• C) Maximize earnings per share
• D) Maximize shareholder wealth

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Definitions:

Tendency to Conform

The inclination of individuals to adjust their thoughts, feelings, or behaviors in agreement with social norms or group standards.

Social Learning

The theory that people learn from one another through observation, imitation, and modeling, highlighting the importance of social behavior in learning.

Prejudiced People

Individuals who unfairly judge or discriminate against others based on preconceived beliefs or attitudes without knowledge, thought, or reason.

Dispositional Attributions

The tendency to attribute someone's behavior to their personality, traits, or disposition rather than situational factors.