When managers forget that business is about ______ and not just economic performance, organizations and the broader society suffer.
A) numbers
B) values
C) profits
D) all of these

Question

Quizplus · Accepted Answer

When managers forget that business is about values and not just economic performance, organizations and the broader society suffer. While numbers and profits are important, a focus only on these can lead to unethical practices, neglect of stakeholders, and ultimately, negative consequences for both the organization and society as a whole. Prioritizing values like social responsibility, sustainability, and ethical behavior can lead to long-term success and positive impacts on all stakeholders.

When Managers Forget That Business Is About ______ and Not