The primary objective of the firm is _______.
A) shareholder wealth maximization
B) social responsibility
C) long-run survival
D) profit maximization

Question

Quizplus · Accepted Answer

The primary objective of a firm is shareholder wealth maximization, which is often achieved by increasing the value of the firm's shares and, consequently, the total value of the firm. This objective is considered to align with the interests of the shareholders, who are the owners of the firm.

The Primary Objective of the Firm Is _______