Most Firms Seek to Maximize Their Long-Run ________,Achieving as High

question 204

Multiple Choice

Most firms seek to maximize their long-run ________,achieving as high a financial return on their investments as possible.

• A)quality
• B)market share
• C)employee welfare
• D)social responsibility
• E)profits

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Definitions:

Dispositional Attribution

The tendency to attribute someone's behavior to their personality or character rather than to situational factors.

Situational Attribution

Refers to the process of attributing a person's behavior to external factors, such as the situation or environment they are in.

Cognitive Dissonance

The uneasy feeling that arises in someone when they possess multiple conflicting beliefs, ideas, or values simultaneously.

Foot-In-The-Door

A psychological technique that involves getting a person to agree to a large request by first setting them up by agreeing to a modest request.