Question

Is profit maximisation is the only aim of business

Answer 1

Answer:

Traditional theory assumes profit maximisation as the sole objective of a business firm. In practice firms have been found to be pursuing objective other than profit maximisation.

Explanation:

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Answer 2

Answer:

no , wealth maximization could also be used or aimed by a businnes. It depends on how or what basis the bussiness is being ran by. However, profit maximization is the common one being used nowadays since the market is so competitive.

Explanation: