7. Which one of the following is a non-economic
goal of a firm?
(1 Point)
a. Long Run Survival
b. Goodwill of the Employees
c. Sales Maximization
d. Growth Maximization
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Explanation:
Answer is that : sales maximization...
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Option b is the correct answer.
Goodwill of the employees is a non economic goal of a firm.
- Goodwill of employees means good reputation of the employees.
Prestige as well as social welfare activities are also non-economic goals of a firm. - Non-economic goals do not affect the production of output or any other activity related to production process.
- Therefore, they are considered non-economic.
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