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Business objectives

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Question 22

A multinational software firm is owned by institutional shareholders, but its day-to-day operations are run by an appointed executive board. The board members' bonuses and prestige are closely tied to rapid market-share expansion. However, to prevent a shareholder proxy battle and secure their positions, the executives must ensure they deliver a level of profit that meets the minimum dividend expectations of the investors. Which business objective are the executives most likely pursuing?

Profit maximisation

Sales volume maximisation

Profit satisficing

Shareholder wealth maximisation

Business objectives Questions

  1. A Level
  2. /Economics
  3. /Business objectives