An objective function:

A) shows where the break-even point is.
B) describes how much of a resource can be used.
C) can represent costs or profits.
D) describes something to be maximized.

Answer: C

Business

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According to Peter Drucker, what are managers who do the right things addressing?

A. Efficiency B. Effectiveness C. Both efficiency and effectiveness D. Customer satisfaction only

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The primary goal of a publicly owned firm is:

A) maximize profits. B) minimize shareholder risk. C) value creation. D) maximize revenues.

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