Some top managers seek only enough profits to convince stockholders that they are "doing a good job." The pricing objective of such managers is
A)satisfactory profits.
B)the status quo.
C)nonprice competition.
D)profit maximization.
E)meeting competition.

Question

Quizplus · Accepted Answer

Managers who aim for only satisfactory returns just want returns that ensure the firm's survival and convince stockholders they're doing a good job.

Some Top Managers Seek Only Enough Profits to Convince Stockholders