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Author Question: When economists say that firms have multiple targets, they mean that firms (Read 64 times)

michelleunicorn

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Question 1

Which of the following will tend to lead to more organisational slack?
◦ Managers become more confident.
◦ A less complex organisational structure in the firm
◦ The firm does not achieve some of its targets.
◦ Less uncertainty about future demand

Question 2

When economists say that firms have multiple targets, they mean that firms
◦ allow a satisficing approach to decision making.
◦ create conglomerate mergers.
◦ maximise sales revenue.
◦ maximise profits.


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Marked as best answer by michelleunicorn on May 25, 2020

reversalruiz

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michelleunicorn

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


momolu

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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