The economic theory of the firm assumes that the principle objective of a firm is to maximize profits. However, there are other goals that a firm may pursue such as maximizing return on investment, maximizing price of company's stock, maximizing market sh

profilejsaibu

The economic theory of the firm assumes that the principle objective of a firm is to maximize profits. However, there are other goals that a firm may pursue such as maximizing return on investment, maximizing price of company's stock, maximizing market share. These different objectives may lend to different managerial decision making, given the same limited resources. Are these other objectives necessarily inconsistent with the neoclassical objective of the firm?

 
Complete this essay in a Microsoft Word document, APA formatted and then submits it to "TurnItIn" for plagiarism review.  Due on Sunday May 12, 2013 400 words or more
 
    • 8 years ago
    • 5
    Answer(1)

    Purchase the answer to view it

    blurred-text
    NOT RATED
    • attachment
      economic_theory.doc