Profit maximization fails to provide an appropriate goal for financial managers because it lacks a time dimension it ignores risk.
Profit maximization is the primary intention of any business, and consequently it's also an goal of monetary management. In monetary control, it represents the procedure or the technique by which income incomes consistent with percentage (EPS) is improved.
It enables in attaining the gadgets to maximize the business operation for earnings maximization. The ultimate goal of any commercial enterprise is to earn a large quantity of go back in terms of earnings. for this reason, this goal of financial control considers all the viable approaches to boom the profitability of the enterprise situation.
The wealth maximization approach aims at maximizing the wealth of the shareholders by growing EPS. Means that the wealth maximization technique is considered better than earnings maximization because wealth maximization technique makes a speciality of the lengthy-term boom and development of an corporation.
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Answer:
The correct answer is letter "D": Other family automobiles.
Explanation:
In Marketing, a positioning statement is the segment a company uses to express how their product fits consumer needs. It can also represent the competitive advantage of the product letting know consumers why they ought to choose the company's product instead of competitors.
The frame of the positioning statement is the context of reference the segment is based on. Thus, in the example:
<em>"For upscale American families, Volvo is the family automobile that offers maximum safety";
</em>
under the context of the <em>family automobiles</em>, Volvo is trying to promote its vehicles as the safest.
Answer:
C.
Explanation:
During the 2008 election period the United States was going through a period of stagflation and the Presidential candidates were proposing various tax cuts and tax relief measures to stimulate the economy. This period of stagnation, which is a period of very little economic growth and yet a very high unemployment rate, it was mostly caused by the stock market crash during that year.
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Answer:
c. The firm is earning zero economic profit and should continue to operate.
Explanation:
This is because at that point firm has not earned any profit or facing a loss.
Answer: Relationship selling
Explanation:
Stuart in his sales transaction with Fortune 500 company, is carrying out relationship selling, where the seller tries to make sales by creating a friendly relationship with their buyers. Relationship selling helps the buyer to easily relate with the seller, thereby making sales very easy to transact.
