The primary goal of a business firm is to
A) promote fairness.
B) make a quality product.
C) promote workforce job satisfaction.
D) maximize profit.
E) increase its production.

Question

Quizplus · Accepted Answer

The primary goal of a business firm is to maximize profit, as profit is essential for the survival and growth of a business. Profit allows businesses to invest in new products, expand their operations, and provide value to their shareholders. While promoting fairness, making a quality product, promoting workforce job satisfaction, and increasing production may be important for a business, they are not the primary goal.

The Primary Goal of a Business Firm Is to