Question

Explain the Wealth Maximisation objective of Business. Answer in short.​

Answer 1

Answer:

In summary, the wealth maximization as an objective to financial management and other business decisions enables the shareholders to achieve their objectives and therefore is superior to profit maximization. For financial managers, it is a decision criterion being used for all the decisions.

Explanation:

• HOPE IT HELPS YOU

Answer 2

Answer:

Concept Of Wealth Maximization Objective Of The Firm. The wealth maximization objective is almost universally accepted goal of a firm. According to this objective, the managers should take decisions that maximize the shareholders' wealth. In other words, it is to make the shareholders as rich as possible.

hope it helps! please mark as brainliest