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

Question 110

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 _________, is common in many firms because the targets can be set and performance measured quickly.


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

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