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In Which Situation May a Company NOT Want to Maximize

Question 7

Multiple Choice

In which situation may a company NOT want to maximize profit?


A) A small business owner who sells a highly specialized product at a high price in order to compete with more established businesses in the area
B) A family-owned company who has to decide who to hire between a family member and a highly qualified candidate
C) A conglomerate with a highly streamlined supply chain who sells generic goods
D) A corporation that has performed poorly in the last two quarters and is looking for new upper-management

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