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Sidana [21]
3 years ago
15

The primary goal of a firm's management is to do what?Select one:a. Maximize owner's share of earningsb. Maximize owner's wealth

c. Maximize the firm's salesd. Maximize the firm's assets
Business
1 answer:
notsponge [240]3 years ago
4 0

Answer:

b. Maximize owner's wealth.

Explanation:

The owners wealth is usually measured by the financial behaviour of shares. In that sense we can find  two reasons why is so important for the firm's management.

1. The managers recieve a greater compensation when the performance of the share increases their value. The managers have an incentive in order to keep the price of shares high.

2. Is a market oriented reason. For shareholders, consumers, banks and stakeholders, a good performance of the share is a positive signal for future investments, quality of the services and products and stability in the long run.

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Read the scenario. Alfonso is 19 years old and has a high school diploma. Recently, he was promoted to assistant manager at the
erik [133]

Answer:

He should attend classes at the local college to receive training in management.

Explanation:

Best option.

6 0
3 years ago
Compared with free​ trade, large countries may increase national welfare when they place a tariff on imports. What unique aspect
Crazy boy [7]

Answer:

The correct answer is: reduce the world price of import when they levy a tariff.

Explanation:

Import tariffs make foreign goods more expensive, encouraging the purchase of domestic goods. Governments also justify applying tariffs to protect national jobs, infant industries, to retaliate against a trading partner, or to protect their consumers.

On the other hand, a less common tariff is the export tariff. That is, the one that is imposed on a good or service sold abroad in your country. They are generally imposed by countries that export primary products, either to increase incomes or to create shortages in world markets and thus raise world prices.

The imposition of tariffs is known as tariff barriers. In addition, there are non-tariff barriers to promote the protection of national industries. It consists of putting technical, legal obstacles, quotas or other measures that discourage importation.

4 0
3 years ago
Which type of tax is paid by businesses on their profits to federal or state governments?
Anna11 [10]

Answer:

Corporate income tax

Explanation:

A corporate income tax (CIT) is levied by federal and state governments on business profits, which are revenues (what a business makes in sales) minus costs (the cost of doing business).

5 0
2 years ago
Suppose wood planks wood planks is a substitute substitute in production of wood beams wood beams. upper a decrease a decrease i
Juli2301 [7.4K]

Answer: Decrease, decrease

Explanation: Substitute goods are those goods that are used in place of each other. When the price of a substitute good falls, it becomes more attractive to the consumers. Here, wood planks and wood beams are substitutes to each other. So, when price of wood plank falls, demand for wood beams will decrease, shifting the demand curve to the left. As a result, of this the equilibrium price of wood beams and the quantity of wood beams will also decrease.

7 0
3 years ago
Read 2 more answers
Old Time Savings Bank pays 3% interest on its savings accounts. If you deposit $3,000 in the bank and leave it there: (Do not ro
____ [38]

Answer:

Interest= $90

Explanation:

Giving the following information:

Initial investment= $3,000

i= 3%

Number of periods= 1

<u>First, we need to calculate the future value, using the following formula:</u>

FV= PV*(1+i)^n

FV= 3,000*1.03= $3,090

<u>Now, the interest earned:</u>

Interest= 3,090 - 3,000

Interest= $90

8 0
3 years ago
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