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In Which Situation Might a Company NOT Want to Maximize

Question 2

Multiple Choice

In which situation might 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 that has to decide between hiring a family member and hiring a highly-qualified external 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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