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Are profitable firms necessarily efficient firms?
yes
Why do small firms continue to exist despite the issue of competition?
why do small firms continue to exist despite competition from large firms
Do firms operate at optimal scale?
do firms operate at optimal scale
Who recommended that American firms adopt a new management style that was a hybrid of the approaches used by Japanese firms and those used by American firms?
William Ouchi
What are US firms at the forefront of in economic markets?
US firms are at the forefront of technological advances.
What are the objectives of a firm?
The objective of the firm is the goals that a firms desires to achieve. In most cases, the objective will be to make profits.
What is an industry and its types?
indutsry is the combination of firms which joined together in order to achieve a common objective
Sample career objective as manager?
A career objective for a manager may be to find a job that will challenge their analytical skills. They can use this to find a position in firms they have never worked for.
What are the primary objectives of corporate management in India?
The major objective of corporate finance by Indian corporate are are summarized as follows; Ø The two most important objectives of management decision making in corporate finance in India are; (a) maximization of earnings before interest and tax (EBIT) and earnings per share (EPS) (85 percent) and (b) maximization of the spread between return on assets (ROA) and weighted average cost of capital (WACC), that is, economic value added (EVA) (76 percent). Ø Large firms (on the basis of sales, assets and market capitalization), high growth firms and firms with high exports significantly focus on maximizing EVA than small, low growth and low exports firms respectively. Ø There is no significant difference in the EVA as a corporate finance objective followed by the firms in public and private sectors. Ø The spread between cash flow return on investment (CFROI) and the WACC, that is, cash value added (CVA) is the third most important objective (54 percent) of corporate finance management for large firms based on market capitalization. Ø Yet another important objective is the maximization of market capitalization. The MVA (market value added) objective is more likely to be followed by public sector units than by private sector firms. Ø The overwhelming majority of corporates (70 percent) consider maximizing percent return on investment in assets as the most important. Ø Another preferred goal is desired growth rate in EPS/maximizes aggregate earnings. Ø Wealth maximization/maximization of share prices is the least preferred goal of the sample corporates. Sanjay Swami
Why profit maximization is not regarded as the core financial objective of firm?
Profit Maximization is a short term objective as all it aims for is to generate a higher revenue for the period.This objective is generally followed if the firm is highly leveraged and a higher profit is required to service it. Wealth Maximization is followed as it looks to increasing the market value of the firms share capital and thus leads to an overall development of the firm and its capacity.
What are the objective of the firms?
Besides maximising profits, - maximise growth of firms by increasing sales and market power - maximise welfare by having more managerial power, larger office space - achieve their mission: donation to charity, cut down on disposables, encourage recycling long run survival of the firm entry prevention and risk avoidance
How many firms are traded on the FTSE?
There are approximately 1700 firms traded on the FTSE. The number of firms traded changes daily. New firms are added as some firms drop off the exchange.
Are profitable firms necessarily efficient firms?
yes
What is an objective clause?
An objective clause is a clause which is like a learning objective but this is the objective for an clause
What is a predicate objective?
a predicate objective is a predicate that has an objective
Why big accounting firms carry out superior audits than small and medium accounting firms?
accounting firms carry out superior audits than small accounting firms
Why big accounting firms carry out superior audits than medium and small accounting firms?
accounting firms carry out superior audits than small accounting firms
