Question
Which of the following statements is CORRECT? i. The objective of maximising wealth for shareholders implicitly assumes that the social side costs are trivial enough
Which of the following statements is CORRECT?
i. The objective of maximising wealth for shareholders implicitly assumes that the social side costs are trivial enough to be ignored
ii. The objective of maximising wealth for shareholders implicitly assumes that the social side costs can be priced and charged to the firm.
iii. The objective of maximising wealth for shareholders is the only objective that a for-profit company can focus on
iv. The conflicts between the interests of the firm and the interests of society are only restricted to the objective of maximising wealth for shareholders
1.i and ii only
2. i, ii, iii and iv
3. i, ii, and iii only
4, i, ii and iv only
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