Final answer:
The goal of a firm is not solely to maximize profits. It may also prioritize other objectives such as market share, customer satisfaction, or sustainability.
Step-by-step explanation:
The statement in the question is false. While maximizing profits is a common goal for many firms, it is not the only goal. In addition to profits, firms may also prioritize other objectives such as market share, customer satisfaction, or long-term sustainability. Profit maximization can be achieved by optimizing factors such as price, production quantity, and cost management.