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How far do you justify the objective of wealth maximization?

wealth is a resource in the production of goods & services in any economy.The maximization of wealth is a long term policy and would mean a higher utilization/employment of resources to bring about a higher level of national income. In any business wealth maximization is a long term financial effort to help and benefit the business environments & the all components in it.


Business communication is often termed as the lifeblood of business concern justify this statement with an example?

Business communication is often termed as the lifeblood of business concern justify this statement with an example?


How could a business justify higher prices?

Depends on the business and demand.


What are three reasons to justify a business location?

marketing


3 reasons to justify a business location?

target marketing,parking availiabilty


What was the theory of social Darwinism often used to justify?

formation of business monopolies


What is the three-part test of that helps to justify the purpose of expenditures?

The three-part test to justify expenditures assesses if the expense is ordinary and necessary for conducting business, if it is directly related to the business, and if it is substantiated with proper documentation. If an expense meets all three criteria, it can be justified as a legitimate business expenditure.


Does supporting philanthropy justify the aggressive business practices that generate fortunes for charity?

Good question! I'd say no.


Andrew Carnegie would most likely have invoked which argument to justify his business practices?

Monopoly better enabled the right business leaders to provi fair wages and prices


Is it possible for a business to over segment its market?

Yes. They can design products around too many segments and not have enough business in any of them to justify the costs of such a complex product line.


Does a delivery person that does business with a corporation have a right to ask a receptionist to sign a legal contract and justify his actions by saying this was apparent authority?

no


Should a small business use business accounting software?

Business accounting software could be a good idea for a small business. A small company needs to keep track of its finances, but may not have the budget to justify the expense of having an accounting firm on retainer year-round.