Managers of profit centers earn more when their divisions
a. increase their sales and decrease their costs
b. decrease their sales and increase their costs
c. increase the costs of the components for which they are responsible
d. None
a
Economics
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Which of the following is considered to be a goal of monetary policy?
A) a low federal budget deficit B) fair wages C) price stability D) an end to poverty
Economics
The reason firms often choose sales maximization as a goal is because
a. that is where profits are maximized. b. it is impossible to maximize profits. c. firms are managed and owned by different groups of people with different goals. d. owners believe setting price/output to maximize profits is unfair to consumers.
Economics