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Is the goal of zero profit for some finite period ever consistent with the maximization wealth objective?
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Is there a difference between corporate profit maximization and maximization of shareholder wealth?
Sure, profit maximization relates to profits *only* while shareholder wealth also involves total company equity, debt ratios and any of 15 other financial performance measure ratios. Management could focus on profit maximization over a longer period of time, say, 40 years (Toyota), while the shareholder would rather see stock values and corporate total value increase immediately (get in and get out) (90% of American manufacturers). If management focused on short-term profit maximization, say at the expense of long term sales revenues, then shareholder wealth (stock price) could actually decrease as a result of the loss of market share. The conflict of interests between shareholders and executives is an example of the "principle-agent problem."
How calculate total period cost?
A total period cost is anything that is not prepaid. To calculate period cost, just include anything that is charged in the period incurred.
What period comes after a period of recovery in a business cycle?
A boom.
A period of macroeconomic expansion followed by a period of contraction?
A business cycle
How is the goal of profit maximization affected by ethical considerations?
As a goal "profit maximization" alone is too simple to be meaningful.All goals are filtered by our values. If someone is driven by greed alone then ethics may not be considered. However, that person will still need to consider timescale. If you take the short-term view a manager may put off maintenance on a machine so that it can continue to produce but not have the expense of the maintenance. Thereby increasing profit in that accounting period. But what if doing so causes irreparable damage to the machine that means it will eventually have to be replaced several years earlier than necessary. In the long-term the company's profit is reduced even though it was maximized in the short-term.So even someone who does not value ethical behavior should modify their idea of what the "maximum" acceptable profit is in the short-term giving due consideration to the long-term.When someone's values mean that they bring ethical behavior into the equation you need to plan for the cost of behaving differently. This means that the maximum profit achievable from acting ethically will often in the short-term be lower than from acting unethically. However, in the long-term the profits may be higher.Look at the way banks have behaved in the recent past. The search for maximum profits lead them to act unethically in lending to people who were never going to able to service the debt. A culture of high bonuses fueled this behavior and people never thought that the growth would end.Shame on the bankers, regulators and politicians who believed that profit maximization, without any other considerations, was a good thing.
If you decide that the duration of an instant on a position time graph is a finite period of time where is the object during that period?
If the instant is finite, the object is in the position indicated on the graph
Can there be difference between profit maximization and shareholders wealth maximization?
Profit maximization is short term as compare to share holder's wealth maximization, Managers should focus on Share holder's wealth maximization because its what they are hired for. also there are sevseal reasons such as.... 1) the share holders wealth is be considered.. 2)profit maximization doesnt say which type of profit it should maximize-short term or long term 3)profit maximization ignores the social values but only aims at earning maximum profit. 4)wealth maximization also considers improving the goodwill of the organization
Difference between active and passive elements?
Active components can deliver a finite amount of power for some finite amount of time period where passive components can not deliver finite amount of power for some finite amount of time.
What is our steady state environment for near term a 'period of consistent conflict'?
Irregular warfare is a term used for a steady state environment of a 'period of consistent conflict'
What are the advantages and disadvantages of profit maximization?
The advantages of profit maximization is that creates a cash flow and investors become interested in companies that are maximizing their profits. The main disadvantage of it is that there are risks for business owners involved.An advantage of profit maximization is that it could create a huge increase in cash flow as long as the market remains good. However, a disadvantage is that if the market collapses during a period of profit maximization the business could lose everything.
How do you do objective 90 on Howrse?
You breed a unicorn. Period.
Why does a business need to be consistent in the fiscal period it uses for its financial reports?
A business needs to be consistent in the fiscal period it uses for financial reports for purposes of comparison and accuracy. If the fiscal period changes, then it is difficult to compare the business's performance across different periods.
What does most consistent mean?
unchanging in achievement or effect over a period of time.
What is the objective of tug of war?
To pull the rope to your side in a period of time.
What type of connection is used to connect a modem to a distant computer and stays connected for a finite period of time?
Dial Up
Why do you have a missed period?
It could be caused by many things:PregnancyStressIllnessThe body is still not settled into a consistent pattern.
How do you when you start your period?
When you go to the bathroom you will notice a tinted discharge or blood when you wipe or in your underwear. Although this may be your first period, your periods may not be consistent for a good while after that.
