Why is wealth maximisation viewed as superior to profit maximisation as a business objective?
Question:
Why is wealth maximisation viewed as superior to profit maximisation as a business objective?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 100% (QA)
Wealth maximization is often viewed as superior to profit maximization as a business objective because wealth maximization takes into consideration th...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
Why is the maximization of wealth viewed as superior to profit maximization as a business objective?
-
This chapter examines how cultural, legal, political, and institutional differences affect a firm's choice of financial goals and corporate governance. Who owns the business? Who owns the business...
-
This case was written by Professor Michele Greenwald, Visiting Professor of Marketing at HEC Paris, for use with Advertising and Promotion: An Integrated Marketing Communications Perspective 7th...
-
A close company which prepares accounts to 31 March each year is owned and managed by a single shareholder/director who is not a Scottish taxpayer and who is paid a salary of 5,000 per month. In...
-
Go to the St. Louis Federal Reserve FRED database, and find data on the M1 money supply (M1SL) and the 10-year U.S. treasury bond rate. For the M1 money supply indicator, adjust the units setting to...
-
3. Suppose the market is wild; it is modeled by . (a) What is the value of a Call? (b) What is the value of a Put? (c) Explain both answers in terms of finance.
-
The PFD in Figure 11.58 shows a process for the manufacture of \(\mathrm{X}\) and \(\mathrm{Y}\). The process feed is heated in furnace \(\mathrm{F}-100\) to \(800^{\circ} \mathrm{C}\) and is then...
-
During January 2011, Pentagon Company purchased 12,000 shares of the 200,000 outstanding common shares (no-par value) of Square Corporation at $25 per share. This block of stock was purchased as a...
-
Our National Debt now stands at $32.3 Trillion dollars, the highest it has been in the history of our country. Why is this important for our nation and what can be done about it? Is health care a...
-
Cardinal Company is considering a five-year project that would require a $2,975,000 investment in equipment with a useful life of five years and no salvage value . The company's discount rate is 14%....
-
Look at Figure 1.3 and state, in broad terms, where an investment in: (a) a government savings account, and (b) a lottery ticket should be placed on the riskreturn line. Return Risk Even at zero risk...
-
Bond yields and long run currency movements a. Go the web site of The Economist (www.economist.com) and find data on 10-year interest rates. Look in the section "Markets \& Data" and then the...
-
The house shown is flooded by a broken waterline. The owners siphon water out of the basement window and down the hill, with one hose, of length L, and thus an elevation difference of h to drive the...
-
Identify a particular forum that has both print and online versions in your culture (e.g., a newspaper). Next, review both the print and the online versions of this item to determine if you could use...
-
A new leader brought renewed enthusiasm to the Brunswick County Conference & Visitors Bureau (BCCVB), the official tourism promotion agency for Brunswick County, Pennsylvania. Under her leadership,...
-
Design a circuit with a 4-bit BCD input A, B, C, D that produces an output W, X, Y, Z that is equal to the input + 3 in binary. For example, 9 (1001) + 3 (0011) = 12 (1100). The outputs for invalid...
-
Janet, age 29, is unmarried and is an active participant in a qualified retirement plan. Her modified AGI is $63,000 in 2015. a. Calculate the amount Janet can contribute to a traditional IRA and the...
-
Discuss the advantages and disadvantages of: (a) Instruction and data caches versus a unified cache for both. (b) Write-back cache versus a write-through cache.
-
The following is a list of transactions. a. Paid cash for short-term marketable securities. b. Purchased a computer, issuing a short-term note for the purchase price. c. Purchased factory equipment,...
-
At the beginning of the year, Lam Ltd. had total assets of $800,000 and total liabilities of $500,000. Use this information to answer each of the following independent questions. (a) If Lam's total...
-
What is a preference share? Compare the main features of a preference share with those of (a) An ordinary share; and (b) Loan notes.
-
What is a preference share? Compare the main features of a preference share with those of (a) An ordinary share; and (b) Loan notes.
-
What is a preference share? Compare the main features of a preference share with those of (a) An ordinary share; and (b) Loan notes.
-
1. Which consumer promotion tool requires consumers to send a proof of purchase to the manufacturer? 2. At Finley's Fine Goods, members of the sales force and marketing department tend to have...
-
Product usage costs and price as an element of value are directly related. A) establish the relationship by illustrating it with an example. B) Using the same example or another example, compare the...
-
Imagine you are promoting a special Olympic basketball campaign for special needs basketball players to promote awareness. Your boss wants to see "measurable performance." 1) What could be the top...
Study smarter with the SolutionInn App