Which of the following forms of corporate structure is used by a company that equally concerns itself with making money and doing good in the world?

Question

Quizplus · Accepted Answer

B corporation is a corporate structure that prioritizes both making a profit and having a positive impact on society and the environment. It is a type of for-profit corporation that is legally required to consider the impact of their decisions on stakeholders, such as employees, customers, and the community. Limited partnership, S corporation, and nonprofit corporation do not have the same focus on balancing profit-making and social impact.

Which of the Following Forms of Corporate Structure Is Used