The Basic Objective of a Firm Should Be To

question 121

Multiple Choice

The basic objective of a firm should be to:

• A) engage in some specific business activity that will perform a socially and economically useful function.
• B) develop an organization to carry on the business and implement its strategies.
• C) earn enough profit to survive.
• D) All of the above.
• E) Only B and C above.

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Definitions:

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