Besides Maximizing Shareholder Wealth,what Should Corporations Consider to Be Goals

question 16

Essay

Besides maximizing shareholder wealth,what should corporations consider to be goals? List and briefly explain.

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Definitions:

Natural Rate

Often refers to the natural rate of unemployment where the economy is in equilibrium, or the long-term interest rate unaffected by short-term fluctuations.

Unemployment

A situation where individuals who are capable of working and willing to work at current wage rates cannot find employment.

Unemployment Rate

The extent of unemployment in the labor force, represented by those actively seeking employment.

Sectoral Shifts

Changes in economic activity within or across sectors of the economy, often leading to shifts in employment and investment patterns among industries.