A Firm's Basic Goal Is Best Described as

Which of the following best describes the goal of the firm. B Maximizing the value of the firms equity.


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In finance the goal of the firm is always described as maximisation of shareholders wealth.

. According to the theory of firms concept founded by neoclassical economists firm exists and make decisions to maximize profit or in other words increase the gap between the total revenue and total cost. _____ is best described as a set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors. The finance field includes three main subcategories.

What is the goal of the firm. Which of the following statements best describes a. We review their content and use your feedback to keep the quality high.

What should be the basic goal of a firm when it sets a level of output. E focusing on customers needs. Some of the people in a firmthe managersdecide how many workers it should hire what prices it should set and so on.

To get a social function. A maximize its revenues. View the full answer.

Up to 25 cash back The firms income tax rate is 40. To maximize profit. The machinery costs 45000 and is expected to increase cash flows in the first year by 25000 and in the second QA.

Course Title BUS 111. A the issuance of 6 million of 10 bonds or b the issuance of 60000 new shares of common stock. D minimizing total cost.

Up to 25 cash back 1 The goal of the firm should be A. Simply a single-period or a short-term goal to be achieved within one year Management mainly focus on efficient utilization of capital resources to maximize profits WITHOUT considering the consequences of. SMART goals are best described as _ a specific measurable attainable relevant and timely.

The firm is considering two alternatives to finance a new product. BShorter time frames more specific the plan. Employees in Suzannes department who are categorized in the bottom 10 of the firms.

The primary goal of financial management is to maximize profit. E Maximizing the current dividend paid to shareholders. The basic goal of any firm is to determine pricing and demand within the market and allocate scarce resources to maximize net profits.

2 A firms basic goal is best described as. DMinimizing the firms risk. A process directed by top-management with input from other stakeholders that seeks to achieve above-average returns for investors through effective use of the organizations resources.

Goal of a firm will be. Zybeck presently has 750000 shares of common stock which have a market value of 10 per share no preferred stock and no debt. 1 A cloth manufacturing firm is deciding whether or not to invest in new machinery.

Strategy is a set of goal-directed actions a firm takes to gain and sustain superior performance relative to competitors. According to this goal finance functions should be oriented towards the maximization of profit. Pages 11 Ratings 88 25 22 out of 25 people found this document helpful.

DLonger time frame less general the plan. B maximize its sales volume. Maximization of consumer satisfaction D.

School Stony Brook University. To understand pricing we begin with the goal of a firm that is its managers. A firm takes labor raw materials and other inputs and turns them into products that people want to buy.

A Maximizing the firms profits. C Maximizing the value of the firms debt. Maximization of shareholder wealth C.

According to Rothschild main objective of a firm is to obtain the stage of long-run survival. D minimize its costs. C maximize its profits.

Profit Maximization is always used as a goal of the firm in microeconomics. D creating distributing promoting and pricing goods services and ideas to facilitate the achievement of the firms objectives. B creating distributing promoting and pricing products to facilitate satisfying exchange relationships with customers and to develop and maintain favorable relationships with stakeholders in a dynamic environment.

When designing an actual appraisal method the two basic considerations are a who should measure and when to measure b when to measure and what to measure. Shareholders Wealth Maximization Lets look at what is PROFIT MAXIMIZATION. Maximizing profits means they are making the most they possibly can with the items they are selling or services that are being offered.

Tweet From Finances stand-point there are two main goals. Maximization of profits B. To have profit in the short run and business value in the long run.

A firm having this aim is always reviewed cautiously and all of its decisions are safety-oriented. Which best describes the basic planning relationship. A decision-making activity concerned with a firms internal resources capabilities and competencies independent of the conditions in its external environment.

Profit Maximization Goal considers that those actions that increase profits should be undertaken and those that decrease profits are to be avoided. The firm should make sure that it maximizes its profits. Who are the experts.

Such firms do not like to reap larger profits in short-run but prefer lower profits in the long-run. 1 The Firm and Its Economic Problem 1 The most important goal of the firm is to. Previous question Next question.

Personal finance corporate finance and public government finance. Which of the following directs the firms activities over a short term by stating objectives using specific quantities. Which of the following statements best describes a firms commitment to its.

A maximizing total revenue. In order to maximize profit the financial manager will implement actions that. Experts are tested by Chegg as specialists in their subject area.

Consumers and businesses use financial services to acquire financial. To have low costs.


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