Business Studies, asked by sowmyagontla1552, 1 year ago

Why wealth maximization is better than profit maximization

Answers

Answered by Anonymous

0

Wealth maximization is superior than profit maximization because the main business concern under this concept to improve the value or wealth of the shareholder. PROFIT MAXIMIZATION helps in producing maximum output with the minimum utilization of resources . It is the foremost objective of the company.

Previous Question

Next Question

Similar questions

Science, 6 months ago

when we freeze water, it changes to ice .why ?

India Languages, 6 months ago

write a letter to your friend appreciating him as he won in state level basket ball competition ( in tamil ,) please ...

English, 6 months ago

either he or i (is /am/ mistakeen...

Math, 1 year ago

Show that the square of any positive integer may written as 3m or 3m + 1, where m is some integer.

Chemistry, 1 year ago

Why is [fe(cn)6] –3 more stable than [fe(cn)6] –4?

Business Studies, 1 year ago

What tool measures brand metrics along the marketing funnel like brand consideration or purchase intent? answer?

Chemistry, 1 year ago

Substance whose conductivity increases with temperature...

Math, 1 year ago

A merchant has total 4600 chocolates. Out of these, he distributed 851 chocolates among the children, then how many percentage chocolates are distributed among children?