Profit maximization as a corporate objective does not take into account

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Profit maximization as a corporate objective only focuses on maximizing profits without taking into account the associated risks. This can lead to short-term gains that may not be sustainable in the long run. A company's long-term viability should also be considered, and this includes taking into account risks associated with debt, shares, cash, and earnings per share.

Profit Maximization as a Corporate Objective Does Not Take into Account