How far is profit maximization the basic objective of every firm Discuss the various reasonsforlimitingprofit?

  • Thread starter Thread starter santhi
  • Start date Start date
Are we answering your essay here.

All I can say is that the corporate identity only exists if it makes profit....so profit is logically its basic objective.

The next question is how much profit and 'limiting profit'? Consider this, once a firm is a public company on the stock market, the feedback mechanism of the market only judges the firm on profitability or perception of..........

The more a firm resembles and is actually part of a human being (a private company), the more reasons the firm has to limit profit and focus on a variety of more important things, just like human beings focus on a whole galaxy of important things apart from material wellbeing

http://therainmaker.net.au

Powered by Yahoo Answers
 
Back
Top