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Please give as many reasons as possible For a business, it is not necessary that profit should be the only objective; it may concentrate on
Please give as many reasons as possible
For a business, it is not necessary that profit should be the only objective; it may concentrate on various aspects such as maximisation of share price, maximisation of sales, capturing more market shares, return on capital employed among others, which will take care of profitability. Required: Explain why maximization of a company's share price is preferred as a financial objective to maximization of its salesStep by Step Solution
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