The assumption that organizations seek to maximize short-term profits ignores:
A)Qualitative factors
B)Fixed costs
C)Constrained resources d0 Managers' desire for bonuses

Question

Quizplus · Accepted Answer

The assumption that organizations seek to maximize short-term profits ignores qualitative factors such as customer satisfaction, brand image, and employee morale. These factors can have a significant impact on the long-term success of the organization, but they may not be immediately reflected in short-term profits. Therefore, it is not accurate to assume that short-term profits are the only goal of organizations.

The Assumption That Organizations Seek to Maximize Short-Term Profits Ignores