Which is better profit maximization vs wealth maximization?
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Wealth maximisation should be be the answer.
Example you're a small retail shop owner , You're making huge profits ,do you think that's your life? No you should keep working upon extending the business rather than living on the profit. Wealth maximisation ultimately leads to profit maximization.
Example you're a small retail shop owner , You're making huge profits ,do you think that's your life? No you should keep working upon extending the business rather than living on the profit. Wealth maximisation ultimately leads to profit maximization.
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