answersLogoWhite

0

They concentrate too hard on making money. They forget about the customer. And they can become too greedy in the process.

User Avatar

Wiki User

11y ago

What else can I help you with?

Related Questions

What is Three basic reasons is profit maximization inconsistent with wealth maximization?

Profit maximization is a narrow view which accounts for only the difference between sales and costs Wealth Maximization is broader and more philosophical in approach. Wealth maximisation includes not exhaustively culture , synergy, value, potential and wealth


Under what conditions might profit maximization not lead to stock price maximization?

Under what conditions might profit maximization not lead to stock price maximization?"


Are wealth maximization and profit maximization related?

Not necessarily


What are the examples of profit maximization and maximization of shareholders profit?

i can help u out. mail me on meghaverma18@yahoo.com


Advantages of profit maximization?

Profit maximization increase the graph of outputs.


Is profit maximization is good or bad for society?

Profit maximization can be both good or bad. Done correctly, profit maximization helps the company provide great products and services for customers.


Sales maximization vs profit maximization?

sales maximization technique is generally used in scale industries where base of the expenses is largelly fixed and where variable costs are limited. on the other hand profit maximization technique are used by variety of industries. total output is higher in sales maximization as compared to profit maximization


What is the difference between profit maximization and value maximization?

discount rate


Shareholder wealth maximization is considered to be a more appropriate goal for the firm than profit maximization because?

Shareholder wealth maximization is considered to be a more appropriate goal for the firm than profit maximization


What are some of the problems involved with the use of profit maximization as the goal of the firm How does the goal of maximization of shareholder wealth deal with those problems?

Problems involved with the use of profit maximization as the goal of the firm due to numbers of reasons. 1 It ignore the timing of return. 2 It ignores the timing of returns. 3 It ignores the risk.


Three basic reasons is profit maximization inconsistent with wealth?

Profit maximization can be inconsistent with wealth for several reasons. First, focusing solely on short-term profits may neglect long-term sustainability, leading to potential losses in the future. Second, prioritizing profit can result in negative externalities, such as environmental degradation or poor employee welfare, which can diminish overall societal wealth. Lastly, profit maximization might encourage risky behavior or unethical practices that can jeopardize a company's long-term viability and reputation.


What are the policies on profit and maximization in manegerial economics?

WHAT IS THE PROFIT MAXIMISATION?