Williamson suggests that managers might NOT try to achieve ?
Correct answer: B. maximum profits.
- A. respect of other managers.
- B. maximum profits.
- C. job security
- D. a large number of subordinates
Explanation
Williamson’s managerial utility model allows managers to pursue objectives such as status, job security and more subordinates instead of maximum profit. Profit maximisation is therefore the objective they might not try to achieve.
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