The goal of the firm is the maximization of profits and market share.

Name: The goal of the firm is the maximization of profits and market share.
Brand: Quizplus
Rating: 4.9 (40 reviews)

Question

Quizplus · Accepted Answer

The primary goal of a firm is the maximization of shareholder wealth, typically measured by the market value of the firm's shares. While profit maximization and increasing market share are important, they are means to the end of maximizing shareholder wealth, not ends in themselves.

The Goal of the Firm Is the Maximization of Profits