Which ONE of the Following Statements About the Goal of the Firm

question 51

Multiple Choice

Which ONE of the following statements about the goal of the firm is true?

• A) Corporate wealth maximization is the accepted goal for firms in India.
• B) Firms in Australia focus on maximizing corporate wealth.
• C) The goal of the Japanese business manager is to increase the wealth and growth of the keiretsu.
• D) Private-sector firms in China focus on providing full employment in the economy.

---

Definitions:

Premiums

Periodic payments made to an insurance company in exchange for coverage and protection against financial loss or damage.

Co-payment

A fixed amount paid by a health insurance plan member for covered services, with the remainder being covered by the insurance.

Deductible

The amount paid out of pocket by the policyholder before an insurance policy begins to pay.

Incentivize

To provide motivation or encouragement through rewards or benefits, aiming to promote certain behaviors or actions.