The mission statements of visionary firms
A) suggest that profit maximizing, while an important corporate objective, is not their primary reason for existence.
B) suggest that profit maximizing is neither an important corporate objective nor their primary reason for existence.
C) suggest that profit maximizing is their primary reason for existence.
D) suggest that value maximizing is their primary reason of existence.

Question

Quizplus · Accepted Answer

The mission statements of visionary firms suggest that profit maximizing is an important corporate objective, but not their primary reason for existence. These firms prioritize goals such as creating value for customers, contributing to society, and fostering innovation.

The Mission Statements of Visionary Firms