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they are hoping the wealth will rise up and they will sell it for a higher price
Wealth is the accumulation of profit so it might seem that the two are maximized in the same way. But there are differences. Some examples:- Profit may be taxed. So wealth is maximized by maximizing the net of profit minus tax impacts which may occur in the future.- Increased value of an investment would add to wealth but would not show up as profit until the investment is sold.-Wealth may be obtained in ways other than profit. Receiving a gift or buying something for less than its real value may add to wealth but are not profit.-Stock buy-backs by a company produce no profit but increase stockholder wealth by driving up the value per share held.
No. They cannot. It is illegal and also unethical to do so. Every bank is supposed to protect and safeguard the information of its clients and they cannot share that information with the public. At the same time, law enforcement authorities (cops) have the right to know details of suspected criminals and other individuals and in such situations it is the responsibility of the bank employees to cooperate with them. Such an action would not be illegal.
Share
operational
the family member you would share your new celebrity wealth with will be your parents, your kids, your spouse, and your siblings. there. :)
that they pay higher taxes that would then be distributed to poor Americans
There are many reasons why a business would not have any employees. When the owner is the only employee, there is no payroll and you don't have to worry about anyone stealing from you.
they are hoping the wealth will rise up and they will sell it for a higher price
No. Because the only people qualified to receive the benefits are the employees the owner hires. The owner is not eligible for unemployment.
parents spouse children sibling
An employee handbook is an important communication tool between the owners and their employees. A well written handbook sets the owner's expectations for the employees and describes what they can expect from the owner's company.
For the owner, an advantage is that there is a place for customers to go to in order to talk to the owner or employees, landscaping items can be sold from the location, etc. A disadvantage is that having the office would be costly and if you owned it, there would be maintenance. For customers, the advantage would be having a location to go to in order to contact the owner/employees and possibly buy landscaping products.
The concept of maximizing share holder wealth is a goal that encompasses everything that is expected out of a management. when would share holder wealth increase? Either by dividends or by increase in value of the shares. When can a company declare dividends or when would a company's share value increase? when its profits increase, its net sales and revenue increase etc. so indirectly by trying to achieve one goal we are attaining some other goals that are very important for a company's existence.
that they pay higher taxes that would then be distributed to poor Americans.
You mean, if a store is having a sale on blue jeans can the employees buy them at that price? Certainly, the employees can take advantage of the advertisement. Most stores like their employees to buy things from them. What employees and their families CAN'T do--and this is by federal law--is enter contests intended for customers. In the old days, stores would have contests and the store owner's wife would enter. When the store owner's wife won, as usually happened, everyone wondered if the store owner didn't just dump all the entry blanks in the trash the night before the drawing. If a company wants to have a contest for its employees they can, but the employees can't enter contests for customers.
that they pay higher taxes that would then be distributed to poor Americans.