Asked by Avery Villa on May 26, 2024
Verified
The primary financial goal of the corporation is to maximize profits.
Maximize Profits
The process or strategy used by businesses to ensure they achieve the highest possible profit from their operations.
- Understand the importance of maximizing shareholder wealth as the foremost financial objective.
Verified Answer
SA
sadia ashfaqMay 30, 2024
Final Answer :
False
Explanation :
The primary financial goal of a corporation is to maximize shareholder wealth, typically measured by the stock price, rather than just maximizing profits.
Learning Objectives
- Understand the importance of maximizing shareholder wealth as the foremost financial objective.
Related questions
A Decision That Increases Immediate Net Profit Is Always Consistent ...
The Primary Goal of a Financial Manager Should Be to ...
The Primary Goal of Financial Management Is to Minimize the ...
The Maximization of Shareholders Wealth Is Measured by Increases In ...
The Primary Financial Goal of a Corporation Is to Maximize ...