The fundamental goal of a business is to maximize the retained earnings available to the corporation's shareholders.

Question

Quizplus · Accepted Answer

The fundamental goal of a business is to maximize shareholder value, which is broader than just maximizing retained earnings. It involves increasing the overall value of the company through various means, including profitability, growth, and strategic decisions that may not always result in increased retained earnings.

The Fundamental Goal of a Business Is to Maximize the Retained