Answer Posted / deepa poojari

In simple terms the goal of any firm should be the
maximization shareholders wealth as well as the
stakeholders of the firm and not only the profit.
Profit maximization has several limitations including;
The word profit is ambiguous It is not clear whether
profits should be maximized in the short term or long term.
The maximisation of the wealth is the benefited in the long
run.

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hi i'm Praveen Kumar, i'm selected for sbi 2010 exam. what are the types of questions in sbi? wher can i read online or is there any book which you would prefer. my number: +91 9962365897 thanks in advance

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