Why is profit maximization supposedly not the most important goal of a company? Explain your answer by citing real life situations

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asked Nov 11, 2022 176k views

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Thach Huynh · Answer 1 · 2022-11-15T04:34:44+0000

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Profit maximization refers to a method adopted by the company to earn more amount of profit through its business operations and investments. Under this, a firm focuses that every decision should contribute profit in the account of the organization.

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Why is profit maximization supposedly not the most important goal of a company? Explain your answer by citing real life situations

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