A valid definition of a business purpose is to __
A)Create a customer
B)Maximize profits
C)Serve the society
D)Increase the wealth in the firm

Name: A valid definition of a business purpose is to __ A)Create a customer B)Maximize profits C)Serve the society D)Increase the wealth in the firm
Brand: Quizplus
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Question

Quizplus · Accepted Answer

The primary purpose of a business, as defined by management expert Peter Drucker, is to create a customer. This involves understanding and meeting customer needs, which in turn drives business success.

A Valid Definition of a Business Purpose Is to __