Solved: Many firms have set their goal as to maximize their market, Business Management

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Many firms have set their goal as to maximize their market

Many firms have set their goal as to maximize their market share, while some companies consider higher profitability as their main objective. However, some people believe that higher share of the market means higher profitability. Discuss in 300 words if you agree with them or not? share your opinion and give examples to support your position.

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Business Management: Many firms have set their goal as to maximize their market

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