To what extent do you believe that profit maximisation is a sufficient criterion for the effective management

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To what extent do you believe that profit maximisation is a sufficient criterion for the effective management of a business organisation? What other indicators might be applied in terms of organisational performance and results?

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Management And Organisational Behaviour

ISBN: 9780273728610

9th Edition

Authors: Laurie J. Mullins, Gill Christy

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Question Posted: Oct 06, 2023 01:32 AM

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To what extent do you believe that profit maximisation is a sufficient criterion for the effective management

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Profit maximization while important is not a sufficient criterion for the effective management of a business organization While profitability is a critical measure of financial success it should be ba...View the full answer

Management And Organisational Behaviour

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