Question

In: Finance

The primary goal of business strategy is to: Select one: a. Increase sales b. Maximize profits...

The primary goal of business strategy is to:

Select one:

a. Increase sales

b. Maximize profits over the long term

c. Balance the interests of competing shareholders

d. All of the above

Solutions

Expert Solution

The primary goal of the business strategy is to Maximize profits over the long term. Every strategy of the business is mainly focused on the profit maximization of the company in the possible way, hence it will be the primary goal of the business strategy


Related Solutions

The primary goal of financial management is to maximize profits. True False
The primary goal of financial management is to maximize profits. True False
The primary financial goal of the business firm is to maximize the wealth of the firm's...
The primary financial goal of the business firm is to maximize the wealth of the firm's owners. Wealth, in turn, refers to value. If a group of people owns a business firm, the contribution that firm makes to that group's wealth is determined by the market value of that firm. Are you agree? yes or no ? why?
The primary goal of the business firm is to maximize the wealth of the firm's owners.
"The primary goal of the business firm is to maximize the wealth of the firm's owners." For a corporation, this statement means that managers should focus on maximizing the wealth of its shareholders or its: net income minimize the risk stock price sales revenue
Explain why rewarding sales personnel on the basis of total sales might not be in the best interests of a business whose goal is to maximize profits
Explain why rewarding sales personnel on the basis of total sales might not be in the best interests of a business whose goal is to maximize profits
The primary goal of households is to maximize their utility.
The primary goal of households is to maximize their utility. True False
It is often assumed that the goal of the firm is to maximize profits for its...
It is often assumed that the goal of the firm is to maximize profits for its owners, the shareholders. Is the firm’s goal of profit maximization always in society’s best interests? Be sure to defend your answer and cite your sources.
It is often assumed that the goal of the firm is to maximize profits for its...
It is often assumed that the goal of the firm is to maximize profits for its owners, the shareholders. Is the firm’s goal of profit maximization always in society’s best interests? Be sure to defend your answer and cite your sources.
What is the primary goal of financial management? Select one: a. Increased earnings b. Maximizing cash...
What is the primary goal of financial management? Select one: a. Increased earnings b. Maximizing cash flow c. Maximizing shareholder wealth d. Minimizing risk of the firm
You are the manager of a gas station and your goal is to maximize profits.
You are the manager of a gas station and your goal is to maximize profits. Based on your past experience, the elasticity of demand by Texans for a car wash is -4, while the elasticity of demand by non-Texans for a car wash is -6. If you charge Texans $20 for a car wash, how much should you charge a man with Oklahoma license plates for a car wash?$1.50$15.00$18.00$20.00
the primary goal of financial managers is to maximize the wealth of the owners.
the primary goal of financial managers is to maximize the wealth of the owners. Do u fully agree or disagree with this statement
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT