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Short term profit maximisation is not appropriate objective for a business?
Because business take the long term aspects of the business and for that wealth maximization is more important than anything else.
What is meant by the term factoring accounts receivable?
Factoring accounts receivable is a term used in finance. It refers to a specific kind of transaction in which one business sells invoices to another business at a discount.
Discuss the objective and benefit of cost accounting?
discuss the objective of business
What is the auditors objective for understanding an entitys business risks?
What is the auditor's objective for understanding an entity's business risks?Why does an auditor not have responsibility to identify or assess all business risks？
What is meant by the term Sage Bookkeeping?
Sage Bookkeeping is a company intended to offer help in organizing personal and business finances. It is comprised of a group of local bookkeepers to solve problems in business records and management.
What is meant by the term business administration program?
There are many things that are meant by the term business administration program. Typically, the term business administration program refers to performance or management business operations.
What is meant by business aims?
The long term goals of a business are the aims and the objectives are the short term steps you take to get there.
Short term profit maximisation is not appropriate objective for a business?
Because business take the long term aspects of the business and for that wealth maximization is more important than anything else.
What is meant by the term business?
The term business parks can be defined as an area specially designated and landscaped to accommodate business offices, warehouses, light industry, etc.
What is meant by the term stake holder in the business world?
In the business world, the term "stakeholder" refers to the person, group of people, or organization that has money tied to or interest in a business.
What is meant by the term 'business parks'?
The term business parks can be defined as an area specially designated and landscaped to accommodate business offices, warehouses, light industry, etc.
What is meant by the term business combination?
A business consolidation is another term for business combination. When a company acquires other businesses, it forms a merge, which means the businesses are combined.
What is meant by objectives of an enterprise?
Business Objectives can be categorized into two:Strategic objectives - usually long-term and maybe the ultimate goal for the business.Tactical objectives - concerned with the day-to-day running of the company. *tactical objectives help to achieve the strategic objective
What is meant by the term business contract?
The term business contract is an agreement entered by two or more parties regarding a particular business arrangement. The terms is usually drawn up by one of the parties.
Why Profit maximization can never be the objective of a firm?
Profit maximization IS an objective of a firm, but its not the ONLY objective. A firm will have different long term and short term goals which will vary depending on the current business cycle. If you need a more specific answer, please ask a more specific question. - Stavka
What is debendure?
I presume you meant debenture, a debenture is a long term loan taken out by a business
What is objective in business?
A business' objective is to make money. They are in business to make money for their stockholders. They sell products and services to maximize their profits.
