The groups primarily served by a firm exhibiting profit responsibility include
A)the general public, public interest groups, and the environment.
B)consumers, employees, and supplier/distributors.
C)owners and stockholders.
D)the general public and competitors.
E)state and federal government.

Question

Quizplus · Accepted Answer

Profit responsibility is primarily focused on serving the owners and stockholders of the firm by generating profits and increasing their return on investment. While other stakeholders such as consumers, employees, and suppliers do benefit from a profitable firm, their interests are secondary to those of the owners and stockholders. The general public, public interest groups, the environment, competitors, and government are not primary stakeholders of a firm exhibiting profit responsibility.

The Groups Primarily Served by a Firm Exhibiting Profit Responsibility