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What term means wealth sent from one country to another as a sign that the other empire is superior?
Ethnocentrism
Why is wealth maximisation superoir to other objectives of business firm?
Every business including Not for profit need to make money to function. The financial income is always the first thing noted as without the income all other aspect will eventually cease.
Analyze two other alternative to profit maximisation as a goal of the firm?
is this in relation to energy markets?
Wealth mazimazation objective is superior to profit maximazation objective?
Wealth maximization is originally an effort to increase the wealth of employees, shareholders, and investors. In many implications it is equal to profit maximization. Whereas, if consumers are empowered by wealth they are willing to invest more in services. It can be a double edge sword however, neither objective can survive without the other.
What is the superior?
Neither are superior to the other.
What is the superior pole?
Neither are superior to the other.
Why are Price level adjustments required?
Changing Government fiscal policies Abuse of office (corruption) Inflation Varying cost of labour and other inputs Profit maximisation
How did other countries American colonies differ from Spain?
american colonies envied wealth and power from Spain.Spain had wealth other countries' colonies didnt
Why are Yamaha drums considered superior to other brands?
Yahama drums are superior to other drums because of their durability and quality.
What are the differences between profit and sales maximisation objectives?
A Sales Maximisation objective aims at increasing the cash value turnover/Sales Income/Revenue. Costs and expenses are not taken into account. Profit maximisation seeks to increase the bottom-line profit, regardless of sales or other considerations. Profit = sales less costs. If sales reduce, but if costs reduce by a greater amount, profit will increase. If sales are less in such a scenario, the work required to achieve sales may be less, so more profit is being made with less effort, which would be a good indicator of the organisation's efficiency and ability to trade successfully despite business challenges. Profits can also be increased by maintaining at costs at their present level, and increasing the selling price. Assuming that the volume of sales does not decrease, bottom-line profits will increase. Sales maximisation can be an valid objective if the sole aim is to increase market share or other related reasons. However, Sales Maximisation accompanied by ever-decreasing profits cannot be sustained indefinitely.
What does far superior mean?
Far Superior in other words means a lot better, or the best.
What is other meaning of heath is wealth?
"Health is wealth" basically means the healthier you are the better you feel. Wealth doesn't necessarily mean with money. You can be "rich" in other ways, such as in good health.
