Three Different Objectives Relate to a Firm's Profit,which Is Often

Multiple Choice

Three different objectives relate to a firm's profit,which is often measured in terms of return on investment.One objective,known as ________,occurs when a firm sets a profit goal,usually determined by its board of directors.

A) maximizing current profit
B) managing for long-run profits
C) target return
D) break-even strategy
E) minimizing risk