The traditional objective of a firm is profit maximization. There exists alternative short run objectives such as sales maximization, sales revenue maximization, survival, satisficing profits, and ethical objectives. Sometimes, there exists is a trade-off between these objectives as some of these objectives may lower profits in the short-term, but lead to profit maximization in the long-run; there is also likely to be the principal-agent problem if a firm pursues other obejctives aside from maximizing profit. Profit maximization is viewed as the utimate objective of the firm and can be derived using the Total Revenue (TR) and Total Cost (TC) approach or the Marginal Revenue (MR) and Marginal Cost (MC) rule. Profit is maximized where theTR curve is at maximum (its highest point) at which MR is zero. Alternatively, using the MR/MC rule, profit is maximized where MR=MC.
The answer to the given question above would be the third option: Limited Government. <span>A narrow interpretation of the Constitution prevents the government from expanding its powers beyond those listed in the document is an example of a limited government concept. Hope this helps.</span>
Constitution of Nepal has empowered Commission for the Investigation of Abuse of Authority (CIAA) to investigate cases against the government officers holding any public office and their associates who are involved in corruption. The CIAA played a very important role in the country last year by filed 88 per cent of cases at the Special Court against government officials.
In this scenario, Isaac has a relationship-oriented leadership style.
Option: (A)
<u>Explanation:</u>
Issac has a relationship oriented leadership because he always motivates and portrays the general well-being relation with his team members.
Although Luke is always late, he never say bad things about him which is a true motivation for the workers and helps in creating a friendly environment in the work place.
Issac maintains a good relationship with every worker in his office with a pleasant, friendly and cooperative behavior making him a good leader of course.
Technically the answer would probably be C.4th Amendment/violated
Explanation:
However if the student is suspicious then the school has every right to check their bag because of concerns. For this specific question C is the answer but based on personal experience that really doesn't make sense to put it.
