The European manager's goal is to earn as much wealth as possible for the company while considering the overall welfare of all stakeholders.

Question

Quizplus · Accepted Answer

The European manager is expected to balance the profit-making goal of the company with the welfare of all stakeholders including customers, employees, shareholders, and the community. This broader goal, known as Corporate Social Responsibility, involves taking into account the impacts of business decisions on the environment, society, and human rights. Therefore, the statement that the European manager's goal is to earn as much wealth as possible for the company while considering the overall welfare of all stakeholders is true.

The European Manager's Goal Is to Earn as Much Wealth