Pursuing strategies that maximize the long-run profitability and profit growth of a company benefits which group(s)of stakeholders?

Question

Quizplus · Accepted Answer

Pursuing strategies that maximize the long-run profitability and profit growth of a company benefits all stakeholders including employees (who benefit from job security and better compensation), creditors (who benefit from the company's ability to repay debts), charitable organizations in the local community (who benefit from the company's ability to contribute to social responsibility initiatives), and the general public (who benefit from the company's ability to provide goods and services, create jobs, and contribute to economic growth).

Pursuing Strategies That Maximize the Long-Run Profitability and Profit Growth