A maximizing current profit objective implies that a company chooses to
A)set targets whose performance can be measured quickly.
B)give up immediate profit in exchange for achieving a higher market share in hopes of penetrating competitive markets.
C)set a profit goal that is often determined by its board of directors.
D)reduce investment in any further market or product research.
E)set prices based on return on sales.

Question

Quizplus · Accepted Answer

A maximizing current profit objective implies setting targets whose performance can be measured quickly, as the focus is on immediate financial results rather than long-term growth or market share.

A Maximizing Current Profit Objective Implies That a Company Chooses