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Question
Three different objectives relate to a firm's profit, which is often measured in terms of return on investment. One objective, known as _________, occurs when a firm sets a profit goal, usually determined by its board of directors.
A. maximizing current profit
B. managing for long-run profits
C. target return
D. breakeven strategy
E. minimizing risk
Answer
This answer is hidden. It contains 34 characters.
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