The primary financial goal of a corporation is shareholder wealth maximization, which involves maximizing the long-run value of the firm's stock and requires taking a long-run view of a firm's operations. To achieve their financial goals, firms must develop products that consumers want, produce the products efficiently, sell them at prices, and observe laws relating to corporate behavior.a. Apart from their financial goals, companies also focus on a wide number of non-financial goals including maximizing the welfare of their employees, efficiently and fairly serving their customers, and respecting their local community and environment.Select the statement that best completes the following statement: Most managers recognize that being socially responsible is important and generally (but not always consistent) with achieving their financial goals.b. As a result of financial scandals during the past decade, there has been a strong push to improve business ethics. Managers have an obligation to behave ethically, and they must follow the laws and other society-imposed constraints. Most managers recognize that being ethical is consistent with the corporation's primary goal.c. A stock's intrinsic value is an estimate of a stock's "true" value based on accurate risk and return data. It can be estimated but not measured precisely. When a stock's actual market price is equal to its intrinsic value, the stock is in equilibrium. The marginal investor's views determine a firm's actual stock price.

Answers

Answer 1
Answer:

Shareholder Wealth Maximization, Intrinsic Values, and Ethics

Explanation:

The principle of shareholder wealth maximization (SWM) maintains that a highest possible return to shareholders is and therefore should be the objective of all multinational activity. From the point of view of financial management, the prices of the common shares of a company must be maximised.

People also compromise themselves for many other things, such as religion, their land, justice, knowledge, truth, art. or other items. All of these tasks convey the second feature of the value: they are valued for their own sake by someone.

Business ethics relates to the application of appropriate laws and policies on controversial issues.


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Kia, a top-level manager in a software firm, is allocating the company's resources to meet the organization's long-term goals. She is also defining the organization's activities for the next five years. In this scenario, Kia is most likely contributing to developing the company's _____.

A strategy to achieve and maintain sustainable competitive advantage is never associated with:__________ a) competing differently from rivals-doing what competitors do not do or doing what they cannot do.
b) opportunities to enter strategic alliances and collaborative partnerships to strengthen a company's market position and competitiveness.
c) carefully considered moves to compete on dimensions like quality, cost, services, locations, and customers.
d) actions taken by companies to gain sales and market share irrespective of product prices and costs.
e) direction and guidance, in terms of not only what the company should do, but also what it should not do.

Answers

Answer:

d) actions taken by companies to gain sales and market share irrespective of product prices and costs.

Explanation:

Actions that aim to gain market share no matter the cost is an anti- competition strategy. This reduces competition in the market.

Maintaining competitive advantage involves employing strategies to be better than the competition by developing better products, marketing strategies, and competencies. Companies also for strategic alliances to pool their resources together, thereby increasing their competitiveness.

Final answer:

A strategy to achieve and maintain sustainable competitive advantage is never associated with actions taken by companies to gain sales and market share irrespective of product prices and costs.

Explanation:

A strategy to achieve and maintain sustainable competitive advantage is never associated with actions taken by companies to gain sales and market share irrespective of product prices and costs. This option, labeled as choice D, suggests that a company should prioritize sales and market share over product prices and costs, which is not a sustainable strategy in the long run. Sustainable competitive advantage is achieved by differentiating from rivals, entering strategic alliances and partnerships, competing on dimensions like quality and cost, and following direction and guidance.

Learn more about sustainable competitive advantage here:

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interview any business owner on how he/she ensures that the following elements of Total Quality Management (TQM)positively impact on his/her business

Answers

Hey there

Total Quality Management (TQM) is a comprehensive and structured approach to an organizational management. 

Total Quality Management refers to systems that focus on quality. Make the quality more better and less cheaper. The better the quality of the item, the better they will make a profit.   

How do tariffs on imports affect a country s balance of trade?a. Tariffs raise government revenue.
b. Tariffs ensure that all countries are traded with equally.
c. Tariffs reduce the amount of imports a country makes.
d. Tariffs increase the amount of money a country makes from imports.

Answers

The right answer for the question that is being asked and shown above is that: "d. Tariffs increase the amount of money a country makes from imports." tariffs on imports affect a country s balance of trade is that Tariffs increase the amount of money a country makes from imports. 

the correct answer is c

For which of the following would major medical coverage be useful?A. if you want to buy insurance against hospital stays and surgeries for serious illnesses
B. if you want to buy insurance against damages to your home
C. if you want to buy insurance against car accidents

Answers

Medical coverage provides an insurance against hospital stays and surgeries for serious illnesses.

Property Insurance provides an insurance against damages to your home. And

Vehicle Insurance provides an insurance against car accidents.

Hence if you want to buy insurance against hospital stays and surgeries for serious illnesses, then medical coverage will be useful.

Hence Correct answer is A.


"If you want to buy insurance against hospital stays and surgeries for serious illnesses" is the one among the following choices that shows how major medical coverage can be useful. The correct option among all the options that are given in the question is the first option or option "A". I hope it helps you.

RE: Subaru While Japanese Yen sharply appreciated against US$, Subaru continued to manufacture most of their cars in Japan, then exported from that point. This turned out to be great for Subaru because:

Answers

Answer:

Yen depreciated its value against US$

Explanation:

The reason was that the Japanese government has a free trade agreement with the United States and what happened was that the Yen appreciated against Dollars by which the Japanese companies might had suffered as the american products would have been imported more to the country because now they are cheaper than the Japanese cars, as a result the industry in the Japan would had suffered. So the government of japan set 115 Yen as apposed to 85 Yen against each dollars which resulted in increase in the demand of the manufacturing of the cars. Now the Japanese products were greater in demand because of they cost less. And at the year end 2015, the Sabaru reported $2 billion profit despite the fact that 80% of its production was in Japan. The american auto suffered loss of market by $2 Billion.

Distinguish between the features and benefits of getting a student loan and getting a grant or a scholarship.Categories:
- Student Loan
- Grant or Scholarship

Tiles:
- Borrowed money that needs to be repaid
- Given based on financial need
- Given based on academic achievement and financial need
- Part of credit history

Answers

Student Loan:

  • borrowed money that needs to be repaid
  • part of credit history

Grant or Scholarship

  • given on the basis of financial need
  • Given based on academic achievement and financial need

The major difference between loans and scholarships is that loans will have to be repaid and scholarships do not.

Answer:

Student Loan

- Borrowed money that needs to be repaid

- Part of credit history

Grant or scholarship

- Given based on financial need

- Given based on academic achievement and financial need

Explanation:

Just took the test