Category: Management

What is Wealth Maximization? Definition, Meaning, Example, Features & Limitations

Wealth maximization is also known as Value Maximization or net Present Worth Maximization. Wealth maximization has all the features of certainty, quality benefits, and timing benefits. The goal of wealth maximization is the widely accepted goal of the business as it reconciles the varied, often conflicting interest of the stakeholders. Also, it is free from the limitations that other objectives are faced with.

What is Wealth Maximization Meaning, Example, Features & Limitations

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What are Educational Services? Nature, Types & Importance

Education can be seen as the most vital element in the development of human resource in any society. The progression of the education sector is directly associated with the growth in the economic development and national prosperity. Educated individuals can manage themselves and essential resources around them effectively. Innovations and dynamic society can be promoted through education. This is the reason behind the higher significance which is enjoyed by the education in almost all the societies around the world. Continue reading What are Educational Services? Nature, Types & Importance

What is Production Planning? Explanation, Need & Factors

Proper planning and control of the production system is essential for efficient and economical production. Economy and Productivity are to a large extent directly proportional to the thoroughness with which the planning and control functions are performed.

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