This should be the primary objective of a firm as it may actually be the most beneficial for society in the long run.
A) minimizing layoffs
B) maximizing market share
C) minimizing costs
D) maximizing shareholder value

Question

Quizplus · Accepted Answer

Maximizing shareholder value is often considered the primary objective of a firm. This approach is based on the belief that when a firm focuses on increasing its value, it not only benefits the shareholders but also contributes to the overall economy by encouraging efficiency, innovation, and competitiveness. This, in turn, can lead to job creation and better products and services for society.

This Should Be the Primary Objective of a Firm as It