Management Notes

Reference Notes for Management

Profit Maximization in Financial Management – 8 Major Factors Affecting Profit Maximization | Goals of Financial Management

Profit Maximization in Financial Management

Profit Maximization in Financial Management

Profit Maximization in Financial Management

➥ In financial management, profit maximization is the process of maximizing revenue and minimizing costs in order to maximize profits.

➥ In order to achieve profit maximization, businesses must be efficient in generating earnings, which is the ultimate objective of financial management.

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