Which of the following is the main goal of a continuing company?
A)to maximize the value of the firm.
B)to minimize costs.
C)to improve product quality.
D)to enhance the service to its customers.

Question

Quizplus · Accepted Answer

The main goal of a continuing company is to maximize the value of the firm. This means increasing profits and shareholder value over time, which can be achieved through a number of strategies such as expanding market share, reducing costs, innovating products or services, and increasing efficiency. While minimizing costs, improving product quality, and enhancing customer service may also be important objectives for a company, they are typically means to the larger end goal of maximizing the value of the firm.

Which of the Following Is the Main Goal of a Continuing