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

question 110

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 common in many firms because the targets can be set and performance measured quickly.

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

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Definitions:

Job Satisfaction

The level of contentment employees feel towards their jobs, influenced by factors such as work environment, compensation, and job nature.

Job Dissonance

A situation where there is a conflict or lack of harmony between an employee's values, beliefs, or interests and their job demands or organizational culture.

Counterproductive Work Behavior

Actions by employees that go against the goals and interests of their employer or organization.

Psychological Problems

Mental disorders or issues that affect an individual's thinking, feeling, mood, and behavior, impacting daily functioning and well-being.