Wealth maximization is a ________?
دولت کو زیادہ سے زیادہ کرنا کیا ہے؟
- Outdated concept
- Long term concept
- Temporary concept
- Short term concept
- All of these
Explanation
Any business's long-term objective is wealth maximisation.
In comparison, profit maximisation is a short-term objective.
Maximising profits guarantees the company's growth and longevity.
Wealth maximisation, in contrast, concentrates on a company's long-term rate of growth by growing its market share.
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