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According to the Theory of the Firm, the Management's Ultimate

Question 29

Multiple Choice

According to the theory of the firm, the management's ultimate objective is to:


A) maximize short-term profit, even if this sacrifices long-term profit.
B) maximize the value of the firm.
C) increase production to the highest possible level.
D) increase the market share of the firm.
E) diversify into as many product lines as the firm can.

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