Sales Maximization As An Objective Of A Firm Essays and Term Papers

  • The only legitimate objective of any firm is Maximization of Shareholder Wealth

    corporation should be the maximization of shareholder value.” (Krishnan, 2009) One often stumbles upon such statements while reading about shareholders value or maximization of shareholders wealth. This is also a typical answer to questions such as “what is the best and primary objective of a company in a...

    2234 Words | 8 Pages

  • The View That Shareholder Wealth Maximization Should Always Be the Preferred Objective of a Firm.

    financial management system is the methodology and software that an organization uses to oversee and govern its income, expenses, and assets with the objective of maximizing profits and ensuring sustainability. It is concerned with the procurement and use of funds with an aim to use business funds in such...

    2374 Words | 7 Pages

  • Sales Maximization

    Sales Maximization A reasonable, and often pursued objective of firms is to maximize sales, that is, to sell as much output as possible. Clearly sales lead to revenue, meaning that maximizing sales is also bound to maximize revenue. But as the analysis of short-run production indicates, maximizing sales...

    324 Words | 1 Pages

  • Objective of Firm

    ISSN 1045-6333 THE SHAREHOLDER WEALTH MAXIMIZATION NORM AND INDUSTRIAL ORGANIZATION Mark J. Roe Discussion Paper No. 339 11/2001 Harvard Law School Cambridge, MA 02138 The Center for Law, Economics, and Business is supported by a grant from the John M. Olin Foundation. This paper can be downloaded...

    8863 Words | 30 Pages

  • Firm and Its Objectives

    A. FIRM AND ITS OBJECTIVE: Conventional theory of firm assumes profit maximization is the sole objective of business firms. But recent researches on this issue reveal that the objectives the firms pursue are more than one. Some important objectives, other than profit maximization are: (a) Maximization...

    763 Words | 3 Pages

  • Objectives of the Firm

    1) FIRM OBJECTIVES: The standard economic assumption underlying the analysis of firms is profit maximization. Real world firms, however, might not, and many times do not, make decisions based on the profit-maximization objective, or at least exclusively on the profit-maximization objective. Other...

    2880 Words | 8 Pages

  • Objectives of Firms

    Objectives of Firms Introduction to Business Objectives Standard theory assumes that businesses have sufficient information, market power and (importantly) motivation to set prices for their products that maximise profits This assumption is now heavily criticised by economists who have studied...

    1184 Words | 4 Pages

  • Wealth Maximization Objective Is A Wide

    Wealth maximization objective is a widely recognized criterion with which the performance a business enterprise is evaluated. The world wealth refers to the net present worth of the firm. Therefore, wealth maximization is also stated as net present worth. Net present worth is difference between gross...

    582 Words | 1 Pages

  • Revenue and Sales Maximization

    Revenue and sales maximization Revenue maximization Maximizing sales revenue is an alternative to profit maximization and occurs when the marginal revenue, MR, from selling an extra unit is zero. The notion that business firms (especially those operating in the real world) are primarily motivated...

    427 Words | 2 Pages

  • Topic: Profit Maximization of a Firm.

    Economics 101 Project Topic: Profit Maximization of a firm. Profit maximization has always been considered the primary goal of firms.The firm's owner is the manager of the firm, and thus, the firm's owner-manager is assumed to maximize the firm's short-term profits (current profits and profits...

    1326 Words | 5 Pages

  • Objective Function of Firm

    Objective function of firm: y-w-β+κ, for which β=ũy,κ=dka Production Function: y=ka The objective function of firm has been added two functions based on the basic model, -β and +κ, showing the cost and the benefit of non monetary rewards respectively. They are allocated in the firm’s objective function...

    338 Words | 1 Pages

  • What Is The Main Objectives Of The Firm

    main objectives of the firm? http://www.answers.com/Q/What_is_the_main_objectives_of_the_firm There are two primary schools of though as to what the objective of a form should be. Traditionally it has be to maximise the wealth of shareholders but in recent times the view that the primary objective of...

    208 Words | 1 Pages

  • Economics objectives of firms

    12-Sep-13 Objectives of firms 1. Profit Maximisation In neo-classical economics it is assumed that the interest of owners or shareholders are the most important. Just as consumers attempt to maximise utility, shareholders main motivation is to maximise their gain firm the company. Therefore...

    929 Words | 9 Pages

  • Objective of Sales Management

    Sales management entails numerous objectives which are executed by sales managers. There are mainly three such objectives 1. Sales Volume 2. Contribution to profits 3. Continuous Growth The sales executives in this case are the ones who help implement these objectives. However it is the...

    1132 Words | 4 Pages

  • Sales and Inventory Objectives and Features

    SALES AND INVENTORY SYSTEM System Features Product Management – Create and manage products/items. Set categories, packages and sub packages or bundled packages. Set retail price and wholesale price for customers and regular customers. Supplier Management – Add, update or delete suppliers. Create...

    1610 Words | 5 Pages

  • Economic Objectives of Indiviuduals, Firms and Government

    The economic objectives of individuals, firms and government. Economic Objectives of Firms Profit maximization Profit maximization is the process of obtaining the highest possible level of profit through the production and sale of goods and services. Profit is the difference between the total...

    1061 Words | 4 Pages

  • Sales vs Communication School of objective setting in advertising

    The sales and communication school of objective setting has created much debate amongst academics and advertising practitioners. This essay aims to critically discuss this debate listing examples of objectives each school wish to achieve and explain how the product life cycle informs objective setting...

    1939 Words | 5 Pages

  • Automobile Firms Close 2010 with Stellar Sales Figures

    interest rates , Indian automobile manufacturers Saturday reported stellar sales figures for the calender year 2010. Chennai-based car manufacturer Hyundai Motor India, the country's second largest car manufacturer, saw its domestic sales grow by 23.1 percent, while exports saw a down slide of 8.5 percent...

    510 Words | 2 Pages

  • Profit maximization and wealth maximization are two distinctive objectives when it comes to financial management

    Research Question This is the most important step in any research. , It is the foundation for further development of the . research proposal (i.e. objectives, methodology, work plans and budget). There should be a question or a problem which requires an answer or a solution. A well defined research question...

    511 Words | 2 Pages

  • BUS 640 Week 1 DQ 1 Firm Objectives

    In this paperwork of BUS 640 Week 1 Discussion Question 1 Firm Objectives you will find the next information: Why do some business firms pursue a triple-bottom-line outcome while others focus only on profit maximization? Please, use a real company example to illustrate your points. ...

    394 Words | 2 Pages