Business is to ensure shareholders receive maximum returns

Assignment Help Financial Management

Reference no: EM131043773

A fundamental basis for successful strategy, whether at the economy level or the company level, is understanding the purpose of an organization. Confusion over the means/ends relationships within a strategic thinking context can lead to devastation at all levels of the organization. In this Discussion you are asked to reflect upon various points of view that relate to the purpose of business, and to defend a point of view that you are assigned.

Position A: The sole purpose of business is to generate profit for shareholders, as Milton Friedman suggests. The primary responsibility of senior leaders of business is to ensure shareholders receive maximum returns.

Reference no: EM131043773

Questions Cloud

Determine the total number of people : The company determines that 1000 people are aware of the product at the beginning of the campaign. The number of new people aware increases by 40% every 10 days during the advertising campaign. Determine the total number of people who will be awar..

What are the organizational roles : You have been asked to design an organization model for an online bookstore. The system must be able to handle both selling and buying books by individuals as well as acting as front-end for a bookstore. Take into account the interests and requiremen..

The present value of an annuity is commonly used : The present value of an annuity is commonly used:

Showing the shape of the distribution : If you drew all possible samples from some population, calculated the mean for each of the samples, and constructed a line graph (showing the shape of the distribution) based on all of those means, what would you have?

Business is to ensure shareholders receive maximum returns : A fundamental basis for successful strategy, whether at the economy level or the company level, is understanding the purpose of an organization. The sole purpose of business is to generate profit for shareholders, as Milton Friedman suggests. The pri..

What are the risks and opportunities that obesity brings : What is it doing well, and where does it need to improve? What would you tell the CEO? What would you tell the head of the American Medical Association?

What is the new divisor for the price-weighted index : Able, Baker, and Charlie are the only three stocks in an index. The stocks sell for $49, $200, and $112, respectively. If Baker undergoes a 3-for-2 stock split, what is the new divisor for the price-weighted index? (Do not round intermediate calculat..

Success rate of the new treatment : Let p = true success rate of the new treatment. Using mathematical notation, write null and alternative hypotheses about p.

What is the effective annual cost to your firm : Your firm purchases goods from its supplier on terms of 1.3 / 15, net 40. What is the effective annual cost to your firm if it chooses not to take the discount and makes its payment on day 40? What is the effective annual cost to your firm if it cho..

User Account

All Pages