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What happens if managers do not choose to maximize profit, but pursue some other goal such as revenue maximization or growth?

What happens if managers do not choose to maximize profit, but pursue some other goal such as revenue maximization or growth?<br/>

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Asked by Doper, Last updated: Dec 23, 2024

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John Smith

John Smith

John Smith
John Smith

Answered Mar 18, 2017

They are more likely to become takeover targets of profit-maximizing firms
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