Accountancy, asked by ayushprakash1640, 1 year ago

Diff between profit maximization and wealth maximization

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Answered by sbroshansatya
11
the ability of the company in increasing the value of its stock in themarket is known as wealth maximization. Profit maximization is a short term objective of the firm while the long-term objective is Wealth Maximization...

hope it helps..
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Answered by SAngela
8
Hey buddy✌✌.

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✔profit maximization..
It is the most important assumption used by economists to formulate various economic theory such as prize and production theory.
✔it is used to determine the optical level of sale to achieve the highest profit.
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Wealth maximization.._
✔it is a modern approach to financial management.

✔it is used to increase the current net value of business.


Dear:) hope its helps ☃️
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