The most appropriate goal of a firm depends on the industry. In very general terms, a firm is a business with a goal of making money. Another major goal of a firm could be to help people or benevolence of some sort.
C) What is the goal of the firm? Discuss how to measure achievement of this goal?
The appropriate goal is to remain transparent and accountable at all times. The manager should also ensure that he or she spends or allocates money in the most appropriate areas.
The Goals of a firm depends upon the nature of the business its doing. The goal of the firm show the path towards the ultimate destination,a firm without a goal is just like a boat in the ocean,and floating to no where
profit maximization &wealth maximization of shareholders.
The goal that should always motivate the action of a firm's financial manager is the uninterrupted financial health of the company.
The most appropriate goal of a firm depends on the industry. In very general terms, a firm is a business with a goal of making money. Another major goal of a firm could be to help people or benevolence of some sort.
In finance the appropriate firm goal in a capitalist society is to meet the various demands of the society. This is done by amassing wealth which will give power to the society.
Shareholder wealth maximization is considered to be a more appropriate goal for the firm than profit maximization
C) What is the goal of the firm? Discuss how to measure achievement of this goal?
C) What is the goal of the firm? Discuss how to measure achievement of this goal?
The appropriate goal is to remain transparent and accountable at all times. The manager should also ensure that he or she spends or allocates money in the most appropriate areas.
The Goals of a firm depends upon the nature of the business its doing. The goal of the firm show the path towards the ultimate destination,a firm without a goal is just like a boat in the ocean,and floating to no where
instrumental leadership
profit maximization &wealth maximization of shareholders.
C the firm must determine an appropriate
A firm cannot survive with mere profit maximization, but must increase long-term security through investment and meeting shareholder expectations. This will increase their productive capacity for the furture as well as encourage the risky capital investment of the shareholders.
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