Three Different Objectives Relate to a Firm's Profit, Which Is

question 178

Multiple Choice

Three different objectives relate to a firm's profit, which is often measured in terms of return on investment. One objective, known as __________, is where a company gives up immediate profit in exchange for achieving a higher market share in the hopes of penetrating competitive markets.

• A)maximizing current profit
• B)target return
• C)break-even strategy
• D)minimizing risk
• E)managing for long-run profits

---

Definitions:

Osteoporosis

A medical condition characterized by the weakening of bones, making them fragile and more likely to break.

Dorsiflex

The action of raising the foot upwards towards the shin, a movement at the ankle joint.

Steppage Gait

A walking pattern where the foot is lifted higher than normal to prevent the toe from dragging on the ground, often seen in conditions that affect the peripheral nerves or muscles.

Paralysis

The loss of muscle function in part of the body, typically as a result of damage to the nervous system.