The Primary Goal of Corporate Management Should Be To

question 75

Multiple Choice

The primary goal of corporate management should be to:

• A) maximize the number of shareholders.
• B) maximize the firm's profits.
• C) minimize the firm's costs.
• D) maximize the shareholders' wealth.

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Definitions:

Short-term Investments

Assets that can easily be converted into cash, typically within 5 years or less.

Ethically Questionable

Pertains to actions or decisions that raise concerns regarding their morality or adherence to accepted ethical standards.

Processing Delay

The time taken between the initiation and completion of a process, often referring to the lag in transaction or operational activities.

Collection Float

The time period between when a check is deposited into a bank account and the time the funds are available to the depositor.