Managing for Long-Run Profits Implies That a Company Will

question 99

Multiple Choice

Managing for long-run profits implies that a company will

• A)give up immediate profit in exchange for achieving a higher market share in hopes of penetrating competitive markets.
• B)maintain a given price range to ensure there is no loss of customers over time, even if the profit margin declines.
• C)invest excess cash in bonds and certificates of deposit in order to counteract any inflationary economic changes in the future.
• D)reinvest all profits into market research or product research rather than returned to shareholders.
• E)drop all products, product lines, or divisions that cannot maintain their pricing goals.

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Definitions:

Positive Communication

A way of exchanging information that is constructive, fosters good relationships, and promotes understanding and agreement.

Engagement Functions

Social events or ceremonies celebrating the formal agreement between two individuals to get married.

Fighting Fair

Engaging in conflict resolution in a manner that is respectful, constructive, and without intent to harm the other party.

Positive Reasons

Justifications or motivations for an action or belief that are beneficial or advantageous.