Multiple Choice
To survive and generate profit over the long run requires a firm to:
A) Focus on revenue maximisation
B) Be responsive to evolving customer needs and to relevant changes in the wider political, economic, social and technological environment
C) Choose a low cost strategy and a differentiation strategy simultaneously
D) Put emphasis on its top managers' behaviors and ethics
Correct Answer:

Verified
Correct Answer:
Verified
Q6: Which ratio is closest to the "Return
Q7: To use the Discounted Cash Flow method,
Q8: The two concepts of profit used in
Q9: Business is fundamentally about:<br>A)Making customers satisfied and
Q10: A key merit of long-term profit maximization
Q12: A firm's Value added is the difference
Q13: EVA has transformed drink giant Diageo:<br>A)To measure
Q14: Short term maximization of profit will always
Q15: The final step when applying enterprise value
Q16: William Allen's two conceptions of the public