The primary aim of financial management is to maximise:
AShareholders' wealth
BEmployee headcount
CFactory floor space
DAdvertising budget
Answer & Solution
Correct answer: A. Shareholders' wealth
1. This is the wealth-maximisation concept.
2. It means raising the market price of equity shares.
3. Value must be added by every decision.
_Source: syllabus Business Studies Part II, Chapter 9, Financial Management._
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