"The primary role of management is to maximize the wealth of the shareholder."

Understanding Management (MindTap Course List)
10th Edition
ISBN:9781305502215
Author:Richard L. Daft, Dorothy Marcic
Publisher:Richard L. Daft, Dorothy Marcic
ChapterP6: Part 6: Integrative Case
Section: Chapter Questions
Problem 2IC
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WRITE and submit a prepare on your perspective to the statements:
1. "The primary role of management is to maximize the wealth of the shareholder."
2. "Financial management should include not only a concern for profit maximization but also for maximization
of societal value."
Transcribed Image Text:WRITE and submit a prepare on your perspective to the statements: 1. "The primary role of management is to maximize the wealth of the shareholder." 2. "Financial management should include not only a concern for profit maximization but also for maximization of societal value."
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