Profit maximization is the primary objective of

Name: Profit maximization is the primary objective of
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Profit maximization is the primary objective of private firms, as they aim to generate as much profit as possible for their owners or shareholders. Government, military, labour unions, and political parties have other primary objectives such as serving the public interest, national security, protecting workers' rights, and promoting public policies respectively.

Profit Maximization Is the Primary Objective of