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Why is profit maximization unethical?

Updated: 8/18/2019
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Q: Why is profit maximization unethical?
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Related questions

Under what conditions might profit maximization not lead to stock price maximization?

Under what conditions might profit maximization not lead to stock price maximization?"


Are wealth maximization and profit maximization related?

Not necessarily


What are the examples of profit maximization and maximization of shareholders profit?

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Advantages of profit maximization?

Profit maximization increase the graph of outputs.


Is profit maximization is good or bad for society?

Profit maximization can be both good or bad. Done correctly, profit maximization helps the company provide great products and services for customers.


Sales maximization vs profit maximization?

sales maximization technique is generally used in scale industries where base of the expenses is largelly fixed and where variable costs are limited. on the other hand profit maximization technique are used by variety of industries. total output is higher in sales maximization as compared to profit maximization


What is the difference between profit maximization and value maximization?

discount rate


Shareholder wealth maximization is considered to be a more appropriate goal for the firm than profit maximization because?

Shareholder wealth maximization is considered to be a more appropriate goal for the firm than profit maximization


What are the policies on profit and maximization in manegerial economics?

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Differentiate between value for money and profit maximization concept in corporate governance?

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Which is more comprehensive objective profit maximization or shareholder wealth maximization?

If the company is public listed (trades in the stock market) their aim is shareholder wealth maximization whereas for a privately owned firm a profit maximization objective is appropriate.


Maximization of shareholder wealth as a goal is superior to profit maximization because?

it is operating cost