Question

Three different objectives relate to a firm's profit. One objective, known as _________, is common in many firms because the targets can be set and performance measured quickly. Multiple Choice break-even strategy managing for long-run profits maximizing current profit minimizing risk target return

Answer 1

Answer:

The answer is "managing for long-run profits".

Explanation:

There are 3 distinct targets concern profitability for a business Measured typically in ROI or ROA terms that are

Long-term profitability management

Optimizing existing gains

Reviewer Target

Whenever competence and understanding benefit via the development of high-quality items and penetrate difficult marketplaces throughout the long term.

In contrast with its cost of development, the cost of commodities is relatively low. But the government expects to earn more money eventually due to the significant market stake in a company.