Which of the following is NOT a reason for criticism of profit maximization as the basic objective of finance function ?

CS Executive · Financial and Strategic Management · PYQS · June 2023
Which of the following is NOT a reason for criticism of profit maximization as the basic objective of finance function ?
(A) It is vague conceptually
(B) It ignores the timing of returns
(C) Its emphasis is generally long-term
(D) None of the above

Answer & Explanation:

Correct Answer: Option (C)

Official answer key: (C).

Topics: Financial Management

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