Question
State the objective of financial management.

Answer

The primary objective of financial management is maximisation of shareholders' wealth, which is achieved by increase in value of shares or the market price of the shares.

Need a full question paper?

Generate a complete, print-ready paper with questions like this in minutes — across 16+ boards, with answer keys.

Start Generating Free

Similar questions

Which one is the most popular network in organisations under Grapevine network and what does it mean?
Why is the understanding of 'Marketing Philosophies' important?
Sujata works as a designer in an export house. As per the terms of an order received by the export house, she has to get 1000 units of denim jackets made in 15 days @ ? 2000 per jacket. She is able to complete her target production in 20 days because in order to complete the order in 15 days she would have made the workers work over time. As a result, the cost of production per jacket may have increased by ? 100.
In the context of the above case :
Is Sujata efficient in her work? Explain by giving a suitable reason in support of your answer.
Name two websites which are commonly visited both by the prospective employees and the organisations searching for suitable people.
Sirajuddin purchased a car for ₹ 15 lakhs from an automobile company and found that its airbags were defective. After many complaints with the company that went unheard, he filed a case in the District Forum. He was not satisfied with the orders of the District Forum. He then appealed before the State Commission and on being dissatisfied with the orders of State Commission, he appealed before the National Commission. Sirajuddin was not satisfied with the orders of National Commission.Suggest him the highest authority where he could appeal against the decision of the National Commission.
Which technique of scientific management is an extension of the principle of division of work and specialisation to the shop floor?
Why is selection considered as negative process?
What is meant by ‘Right to choose’ to a consumer?
State two commodities considered as essential commodities for price fixation by the government.
List first two steps of controlling.