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Author Question: Even if managers do NOT seek to maximise profits they will still have to ensure that sufficient ... (Read 88 times)

ahriuashd

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Question 1

The traditional theory of the firm assumes that the main business aim is to
◦ maximise profits.
◦ minimise costs.
◦ increase sales revenue.
◦ all of the above.

Question 2

Even if managers do NOT seek to maximise profits they will still have to ensure that sufficient profits are made. This is known as
◦ profit minimising.
◦ profit satisficing.
◦ profit targeting.
◦ target minimising.


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Marked as best answer by ahriuashd on May 25, 2020

Sammyo

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ahriuashd

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Reply 2 on: May 25, 2020
YES! Correct, THANKS for helping me on my review


cdmart10

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Reply 3 on: Yesterday
:D TYSM

 

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