Explain the bamouls theoru of sales maximization
Answers
Answered by
1
Explanation:
Baumol's Theory of Sales Revenue Maximisation. Prof. Baumol, in his book 'Business behaviour, Value and Growth' has propounded a theory of Sales Maximisation. ... According to this theory, once profits reach acceptable levels, the goal of the firms become maximisation of sales revenue rather than maximisation of profits.
Similar questions