What is the basic goal of a business, Financial Management

What is the basic goal of a business?

The primary financial goal of the business organizations is to maximize the wealth of the firm's owners.  In turn Wealth refers to value.  If a group of people owns a business organization, the contribution that firm creates to that group's wealth is defined by the market value of that organization.

Posted Date: 5/6/2013 6:12:33 AM | Location : United States







Related Discussions:- What is the basic goal of a business, Assignment Help, Ask Question on What is the basic goal of a business, Get Answer, Expert's Help, What is the basic goal of a business Discussions

Write discussion on What is the basic goal of a business
Your posts are moderated
Related Questions
Explain the term- Interest cover Interest cover =Profit before interest and tax (PBIT)/ Interest payable(no. of times) Interest cover represents the safety of earnings tha


Explain Dual Currency Bond A dual currency bond is a straight fixed-rate bond that is issued in one currency and pays coupon interest in that similar currency.  At maturity, th

How to calculate the up anh down factor in the binomial interets rate tree

You are considering an investment in a 40-year security. The security will pay $25 a year at the end of each of the first 3 years. The security will then pay $30 a year at the end

Syntax of Accounting Procedure The general accounting practices are: (a)  Do not consider any income or gain till the similar is realised in cash; (b)  Create or make pr

Due to the complexity of the tasks involved in many projects, communication of responsibility for those tasks is often helped by means of graphical planning techniques.

Briefly define the terms proprietorship , partnership , and corporation . A proprietorship is a business possessed by one person. Two or more people who unite together to

Q. What do you mean by Public deposits? Public deposits are the fixed deposited by the business enterprises directly from the company. This source of the raising the short term

Rate of return of a Bond In case of bonds, rather than dividends, investor is entitled to payments of interest yearly or semi-annually. Investor also benefits if there is an ap