What is a secondary goal, Explain why wealth maximization,

What is a secondary goal

Assignment Help Management Theories

Reference no: EM131507937

Question: 1. Explain why wealth maximization, as indicated by market price of shares, may not be achieved by profit maximization.

2. Would the objective of no net income for a certain period (e.g., three years) be consistent with the goal of wealth maximization? Explain.

3. What is a secondary goal? Give an example that might be appropriate for the housekeeping department of a hotel.

Reference no: EM131507937

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