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profit maximization &wealth maximization of shareholders.

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13y ago
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10y ago

The goal of a firm or institution is to generate goods and or services. In turn the purpose of this productivity is to post profit.

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Q: Goal of the firm
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Related questions

How do you measure the achievements of the goal of the firm?

C) What is the goal of the firm? Discuss how to measure achievement of this goal?


How do you measure the achievement the goal of the firm?

C) What is the goal of the firm? Discuss how to measure achievement of this goal?


What is the appropriate goal of the firm?

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.


What is the most appropriate goal of a firm?

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.


What goal of a firm supports the business organization?

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


What goal should always motivate action of a firm financial management?

The goal that should always motivate the action of a firm's financial manager is the uninterrupted financial health of the company.


What goal should always motivate the action of a firm's financial manager?

The goal that should always motivate the action of a firm's financial manager is the uninterrupted financial health of the company.


Explain why judging the efficiency of financial decision requires the existence of a goal?

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.


Why maximizing shareholers' wealth is always the goal of a firm instead of maximizing profits of the firm's?

The foundation of a firm is the investment, the wealth of its promoters and more importantly the share holders. Share holders have invested their money in the firm basing on the confidence they have on the firm and believing that their investment will be safe and will fetch good reasons. Once their trust is shaken, it will ruin the firm. On account of all these, the primary goal of a firm is to maximise the share holders' wealth.


The differences between goal of a firm and profit maximization?

A goal of firm isn't always profit driven, it can be any cause. Profit maximization is revenue driven, making more money is it focus.


In finance the appropriate firm goal in a capitalist society is?

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.


What are the benefits a firm will get when using a marketing concept?

Their goal is to get more sales.