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Pachacha [2.7K]
1 year ago
10

The objective of profit maximization should be constrained by the requirement that profits be achieved through.

Business
1 answer:
Oksana_A [137]1 year ago
4 0

The objective of profit maximization should be constrained by the requirement that profits be achieved through both legal and ethical means.

<h3>What is meant by profit maximization?</h3>

This is the term in Economics that the producer uses to get the most output that they can get based on the quantity of input that they have used in a business venture. When people go into business what they would like is to be able to get the best output that they can based on the quantity of investment that they have made in the venture.

This can be done in the long run as well as the short run by the profit maximizing firm. Hence we can say that The objective of profit maximization should be constrained by the requirement that profits be achieved through both legal and ethical means.

Read more on profit maximization here:

brainly.com/question/20344638

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The additional sale will not conflict with regular sales.

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3 years ago
A _____________________ is created during the first half of the Sprint planning meeting and a _________________ is created durin
Anna007 [38]

Answer:

The correct answer is letter "C": Sprint Goal, Sprint Backlog.

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3 years ago
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creativ13 [48]

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The correct answer is True.

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Planning strategies without a thorough data analysis is like aiming in the dark. Business intelligence lights the way to make the best decisions in the management of your hotel.

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------

NOTE: If you need to extend the explanation given, you can make a comment or add a new question. I will be very pleased to help you.

4 0
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Klio2033 [76]

Answer:

a. Fishbone Diagram

Explanation:

The problem-solving process can be defined as the systematic approach used to identify and determine the solution to a particular problem.

The steps involved in the problem-solving process are;

1. Identify and define the problem.

2. Gathering of information.

3. Consider your options.

4. Weigh disadvantages and evaluate a solution.

A Fishbone diagram is also referred to as Ishikawa diagram and it can be defined as a cause and effect diagram that is typically used by managers to identify possible reasons for failure, defect, variation, imperfection, so as to discover the root cause of a problem and proffering the right solution. It was designed and developed by Professor Kaoru Ishikawa in the 1960s.

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3 0
3 years ago
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