The Goal of Shareholder Wealth Maximization

question 36

Multiple Choice

The goal of shareholder wealth maximization

• A)is not appropriate for non-U.S.business firms.
• B)means that all business decisions and investments that a firm makes are done for the purpose of making the owners of the firm better off financially.
• C)is a sub-objective the firm should attempt to achieve after the objective of customer satisfaction is met.
• D)is in conflict with the privatization process taking place in third-world countries.

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Definitions:

Evangelical Leaders

Influential figures within the evangelical Christian movement known for their emphasis on the necessity of conversion, the authority of the Bible, and active evangelism.

Thomas Jefferson

The principal writer of the Declaration of Independence and a founding father who also served as the third President of the United States.

Declaration Of Independence

Document adopted on July 4, 1776, that made the break with Britain official; drafted by a committee of the Second Continental Congress, including principal writer Thomas Jefferson.

Bill For Establishing Religious Freedom

A Virginia law, drafted by Thomas Jefferson in 1777 and enacted in 1786, that guarantees freedom of, and from, religion.