The August 2019 Business Roundtable Statement on the Purpose of a Corporation is important because:
A)It confirms that profit maximization is the appropriate sole goal of corporations.
B)It confirms that corporations are accountable only to shareholders.
C)It confirms that corporations are to benefit all stakeholders.
D)It changes what most executives have thought.
E)None of the above

Question

Quizplus · Accepted Answer

The Answer of The August 2019 Business Roundtable Statement on the Purpose of a Corporation is important because:
A)It confirms that profit maximization is the appropriate sole goal of corporations.
B)It confirms that corporations are accountable only to shareholders.
C)It confirms that corporations are to benefit all stakeholders.
D)It changes what most executives have thought.
E)None of the above