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There are many potential goals of a corporation, such as: minimize costs, maximize sales, maximize employment,...

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Finance

There are many potential goals of a corporation, suchas: minimize costs, maximize sales, maximize employment, maximizeearnings, maximize shareholder wealth, maximize dividend payments,etc. Which one is the best for the long-term health of the companyand society?

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Ans The best for the longterm health of the company and Society is to maximize the shareholder wealth As Shareholders are the real owners of the business they desire that the companys operations will create returns as much as possible So management should take the decision in    See Answer
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There are many potential goals of a corporation, suchas: minimize costs, maximize sales, maximize employment, maximizeearnings, maximize shareholder wealth, maximize dividend payments,etc. Which one is the best for the long-term health of the companyand society?

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