Sign Up

Have an account?

Sign In

Don't have account,

Forgot Password

Lost your password? Please enter your email address. You will receive a link and will create a new password via email.


Have an account?

Sorry, you do not have permission to ask a question, You must login to ask a question.

Need An Account,

Please briefly explain why you feel this question should be reported.

Please briefly explain why you feel this answer should be reported.

Please briefly explain why you feel this user should be reported.

Search
Ask A Question
Home/ Questions/Q 218876
Next
In Process

Mains Answer Writing Latest Questions

Khyati Nath
  • 0
  • 0
Learner
Asked: 2024-10-29T17:08:00+05:30 In:

Explain the concept of wealth maximisation. (Answer limit: 50 words, Marks 05) [RPSC 2023]

  • 0
  • 0

Explain the concept of wealth maximization. (Answer limit: 50 words, Marks 05) [RPSC 2023]

RPSC Mains Old Year Questions

Related Questions

Leave an answer

You must login to add an answer.

Need An Account,

5 Answers

  1. Banish Fatma Qureshi
    Learner

    Wealth Maximization

    Wealth maximization is enhancing the value of business and  to boost the  worth of  the shares by its shareholders.

    In financial management, wealth maximization refers to making strategic decisions that increase the value of a business, investment, or personal finances over time.

    It focuses on making choices that result in long-term financial growth for shareholders or investors.

  2. Rohit Sharma
    Learner

    Concept of Wealth Maximisation

    • Definition: Wealth maximisation refers to increasing the value of a company’s assets and profits over time.
    • Illustration: A business may invest in new technology to improve efficiency, leading to higher profits and shareholder value.

    This concept focuses on long-term growth rather than short-term gains.

  3. Guru
    Enthusiast

    In financial management, wealth maximisation refers to making strategic decisions that increase the value of a business, investment, or personal finances over time, it’s main objective aims to increase shareholders wealth.

    Wealth maximisation is considered a superior objective to profit maximisation, as it account for risk and long term sustainability.

  4. Anshika Yadav
    Learner
    1. In business, wealth maximization is a strategy that focuses on increasing the value of a firm’s assets. This concept is opposite to profit maximization, which focuses on maximizing profits in the short term by cutting costs and reducing investment in long-term projects.

     

  5. Anshika Yadav
    Learner
    1. In business, wealth maximization is a strategy that focuses on increasing the value of a firm’s assets. This concept is opposite to profit maximization, which focuses on maximizing profits in the short term by cutting costs and reducing investment in long-term projects.

     

Resources & Suggestions

Mains Answer Writing Latest Articles

On: February 22, 2025 Comments: 0

Indo-US Relation: Areas of Cooperation & Conflicts

Key Areas: Defense, technology, trade, energy, and regional cooperation. Key Areas of Cooperation 1. Defense and Security Transition from buyer-seller to co-production and technology sharing. India as a Major Defense Partner (MDP) and inclusion in STA-1. Access to advanced technologies, ...

On: February 22, 2025 Comments: 0

भारत-अमेरिका संबंध: सहयोग और संघर्ष के क्षेत्र

मुख्य विषय: भारत-अमेरिका संबंधों की मजबूती, विशेषकर रक्षा, प्रौद्योगिकी और क्षेत्रीय सहयोग में प्रगति। सहयोग के प्रमुख क्षेत्र 1. रक्षा एवं सुरक्षा सहयोग भारत और अमेरिका के बीच रक्षा संबंधों का विस्तार। प्रमुख रक्षा साझेदार (MDP) का दर्जा और STA-1 ...

On: February 22, 2025 Comments: 0

India’s Disaster Management

The article discusses the growing tensions between the Centre and states regarding disaster relief funding in India. It emphasizes the need for a transparent and equitable disaster management framework. Key Disaster Threats India Faces Increasing Frequency of Extreme Weather Events ...

Explore Our Blog