Answer
I don't entirely agree. While maximizing operating income or minimizing costs is a common objective, managers may also consider other factors, such as long-term strategic goals, ethical considerations, or non-financial factors like customer satisfaction or employee morale. Decision-making can be influenced by a combination of quantitative and qualitative factors, and the ultimate choice may not solely focus on operating income or costs, depending on the specific circumstances and goals of the organization.
Work Step by Step
No steps
