A key merit of long-term profit maximization as a prime goal is its:
A)Simplicity
B)Consistency over time
C)Tendency to optimise long-term survival
D)All of the above

Question

Quizplus · Accepted Answer

Long-term profit maximization as the prime goal is simple and consistent over time. Also, it tends to optimize long-term survival by focusing on sustainable profits that enable a company to weather market fluctuations and external challenges. Therefore, all of the above options are correct.

A Key Merit of Long-Term Profit Maximization as a Prime