Which of the following objectives focuses on expanding a company's market presence?

• A. Sales revenue
• B. Growth
• C. Cash flow
• D. Social responsibility

Answer: (B)

The objective that focuses on expanding a company's market presence is growth. Growth encompasses strategies and actions taken by a business to increase its market share, expand into new markets, or introduce new products and services. When a company aims for growth, it typically seeks to enhance its reach and influence in the marketplace, which directly correlates to expanding its presence.

Sales revenue, while important, relates more to the income a company generates from its operations, which may not necessarily imply market expansion. Cash flow refers to the movement of money in and out of a business and is critical for maintaining operations but doesn’t inherently focus on increasing market presence. Social responsibility deals with a company's obligations to society and may enhance reputation but does not specifically target market expansion as a primary goal. Thus, growth is distinctly aligned with the objective of broadening a company's footprint in its industry.