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Primary Purpose of Organizations

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The primary purpose of an organization / company is to maximize shareholder's wealth. Do you agree or disagree with this statement? Please explain in details.

Please make sure that you substantiate any comments you make with specifics and references.

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Solution Summary

Primary Purpose of Organizations are examined. The expert determines whether they agree or disagree with statements.

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Yes, I do agree with this statement that the primary purpose of a for profit organization is to maximize the wealth of its shareholders. However, if we talk about non profit ...

Solution provided by:
Sheetal Jain, PGDM
Education
  • BComm, University of Delhi
  • Post Graduate Diploma in Management (Equivalent to MBA), All India Management Association
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