Vidyalelo
Commerce · Q3

Financial Management

Graduate and Post Graduate · Commerce · question 3

Q3

The primary goal of the financial management is ____________.

A.
to maximize the return
B.
to minimize the risk
C.
to maximize the wealth of owners
Answer
D.
to maximize profit

Answer: Option C

Solution

Answer: Option C
Solution:
The primary goal of the financial management is to maximize the wealth of owners. All businesses aim to maximize their profits, minimize their expenses and maximize their market share.