Answered: Profit maximization may not be the goal…

Profit maximization may not be the goal of a business firm. What other goals might a business organization pursue and why? Briefly

Economics Today and Tomorrow, Student Edition

1st Edition

ISBN:9780078747663

Author:McGraw-Hill

Publisher:McGraw-Hill

Chapter10: Financing And Producing Goods

Section: Chapter Questions

Problem 2AA

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3, Profit maximization may not be the goal of a business firm. What other goals might a business organization pursue and why? Briefly

for managerial economics class

Economic approach that helps managers to take business decisions. It involves the application of economic theories, models, and methods to understanding business problems and solving them.

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