Order the answer to: Does a firm maximize profits today or the present value

Custom Essays business-economics Order the answer to: Does a firm maximize profits today or the present value

business-economics

Order the answer to: Does a firm maximize profits today or the present value

Question Does a firm maximize profits today or the present value of the profit stream? How far out does a firm look to determine its profit stream? If a CEO could be fired at any time for poor performance, why would he focus on the long term rather than the short term?
Subject business-economics
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