The goal of a business should be:
A) maximization of the owners' wealth
B) maximization of accounting profit
C) maximization of sales
D) maximization of assets

Question

Quizplus · Accepted Answer

The goal of a business should be to maximize the wealth of its owners, which includes both financial and non-financial benefits. This can be achieved by maximizing profit, but also by considering other factors such as customer satisfaction, employee well-being, and social responsibility. Maximizing sales or assets alone may not necessarily lead to long-term profitability or sustainability of the business.

The Goal of a Business Should Be