The options A, B, & C are correct. Choosing firm goals for your business allows you to diversify as opportunities develop, allows you to be more flexible and prevents you from staying focused.
Further Explanation:
The main goal of the business is to earn profit and survive for a long period. Every entrepreneur wants to succeed in his business. The goal of the business allows to diversify, stay focus and more flexible.
Justification for the correct and incorrect answer:
A.
Allows you to diversify as opportunities develop: This option is correct.
If the firm chooses the goals to allow diversify as opportunities develop. It will increase the profit as the opportunity is grasped by the firm and take advantage of it.
B.
Allows you to be more flexible: This option is correct.
If the firm is more flexible, the firm is more able to achieve its goal. The flexibility maintains the goals and easy to diversify the business.
C.
Prevents you from staying focused: This option is correct.
As the firm is more diversified, the firm can do increase the profit by prevents from stay focused only on one work.
D.
Eliminates other options: This option is incorrect.
This option is not correct, the firm can not eliminate other options. If the firm does this, the firm can not get the available options.
Learn more:
1. Learn more about the demand curve
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2. Learn more about the exchange
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3. Learn more about economic pie
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Answer details:
Grade: Middle School
Subject: Business
Chapter: Goal of the business
Keywords:
firm, the goal of the business, goals for your business allows, you to diversify as opportunities, develop, to be more flexible, and prevents you from staying focused.
