Which approach does the financial management adopt for maximizing economic welfare of the business owner?
A. Profit maximization
B. Wealth maximization
C. Profit and market-share maximization
D. Both (A) and (B)
Answer:D
Which approach does the financial management adopt for maximizing economic welfare of the business owner?
A. Profit maximization B. Wealth maximization C. Profit and market-share maximization D. Both (A) and (B)