Which of these is a reason why achieving the maximum possible profit in a particular year may not be in the best interests of a business?
A) If it is achieved with high-risk strategies, such as excessive reliance on borrowings, it could lead to disaster in the longer term.
B) It may be achieved by causing environmental problems which give the business a bad reputation.
C) Concentrating on the short term may have detrimental effects in the long term.
D) All of the above.
Correct Answer:
Verified
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