Three different objectives relate to a firm's profit,which is often measured in terms of return on investment.One objective,known as ________,occurs when a firm sets a profit goal,usually determined by its board of directors.
A)maximizing current profit
B)managing for long-run profits
C)target return
D)break-even strategy
E)minimizing risk

Question

Quizplus · Accepted Answer

Key term definition-target return.

Three Different Objectives Relate to a Firm's Profit,which Is Often