The Ultimate Goal of Financial Management in Corporations Is

question 17

Multiple Choice

The ultimate goal of financial management in corporations is

• A) to maximize annual profit.
• B) to maximize the benefit of the employees.
• C) to maximize the interest of the communities.
• D) to maximize shareholder wealth.

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Definitions:

Ivan Pavlov

A Russian physiologist known for his work in classical conditioning, particularly for his experiments with dogs, which led to the concept of the conditioned reflex.

Digestion

The biological process of breaking down food into smaller components that can be absorbed into the bloodstream.

Dogs

Domesticated carnivorous mammals that are widely kept as pets or for work such as hunting, herding, and providing assistance.

Classical Conditioning

An educational method where associations between an environmental trigger and a naturally happening stimulus lead to learning.