According to text the ultimate finance goal of entrepreneur should be: A)maximiz
ID: 2732592 • Letter: A
Question
According to text the ultimate finance goal of entrepreneur should be: A)maximizing market share B) maximizing the value of the venture to its owner C)maximizing accounting profit D)maximizing earnings Please choose the best answer According to text the ultimate finance goal of entrepreneur should be: A)maximizing market share B) maximizing the value of the venture to its owner C)maximizing accounting profit D)maximizing earnings Please choose the best answer A)maximizing market share B) maximizing the value of the venture to its owner C)maximizing accounting profit D)maximizing earnings Please choose the best answerExplanation / Answer
An entrepreneur's ultimate goal should be to maximize the value of the venture to its owner. Since the owner has invested in the business so they should be able to get healthy returns from the investment. This process entails everything from improving market share to maximizing the earnings. Accounting profits can be misleading and are open to creative accounting practices to inflate the profit while market share can be increased through predatory pricing. Once the focus shifts to maximize the value more sustainable practices are followed which prevent following short term paths.
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