What Is Perhaps One of the Most Worthy Goals of a Business

question 21

Multiple Choice

What is perhaps one of the most worthy goals of a business?

• A) Making money over the long-haul
• B) Giving away products and services at a cheap price to make a quick buck
• C) Seeking profitability on the very first sale
• D) None of the above

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Definitions:

Normative Economic Statement

Statements that reflect opinions, beliefs, or values about what the economy should be like, rather than what it actually is.

Inflation Rate

The rate at which the general level of prices for goods and services is rising, and subsequently, purchasing power is falling.

Energy Prices

The cost of energy resources, such as oil, gas, and electricity, which can fluctuate based on supply and demand.

Automobile Companies

Businesses involved in the design, development, manufacturing, marketing, and selling of motor vehicles.