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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 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.
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.
This is determined by the firm´s environment, funds, business acumen, labor rights and ethics and market opportunities.
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.
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Business situations consist of number of challenges, constraints and opportunities that impact on the business performance of a firm.
The goal that should always motivate the action of a firm's financial manager is the uninterrupted financial health of the company.
The goal that should always motivate the action of a firm's financial manager is the uninterrupted financial health of the company.
The goal of the firm is wealth maximization so efficient financial management requires the existence of goal or objective. The goal of the firm is earning market per share but we can know about best company by finding it's market share price. It is a reflection of the firm's investment, financing, and asset management decisions.