Why is wealth maximization superior to profit maximization?
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reasons as why wealth maximisation is superior to profit maximisation...
1) profit ignores risk factor..where wealth maximisation consider it..
2)profit ignores time factors. where wealth maximisation consider it..
3) wealth maximisation can be consider As an overall objective.. where profit maximisation is ambiguous..
4)wealth maximisation consider marker values of shares and dividend policy where profit maximisation ignores the same
1) profit ignores risk factor..where wealth maximisation consider it..
2)profit ignores time factors. where wealth maximisation consider it..
3) wealth maximisation can be consider As an overall objective.. where profit maximisation is ambiguous..
4)wealth maximisation consider marker values of shares and dividend policy where profit maximisation ignores the same
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