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Compare and contrast the goal of profit maximization and the maximization of shareholder wealth. Do any 3 worth 2 marks each. Profit Maximization Maximize Shareholder

Compare and contrast the goal of profit maximization and the maximization of shareholder wealth. Do any 3 worth 2 marks each.

Profit Maximization

Maximize Shareholder Wealth

Objective

Emphasis

Risk and Uncertainty

Advantage

Recognition of Timing of Return

Expectations and Goodwill

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