Which of the following statements about the goal of a firm is true?

Question

Quizplus · Accepted Answer

A) This statement is partly true as stockholder value maximization is a widely accepted goal for firms in many countries including the United States and India.
B) This statement is not entirely true as firms in Germany tend to focus on long-term sustainability and stakeholder value rather than just corporate wealth maximization.
C) This statement is true as Japanese business managers tend to prioritize the growth and prosperity of their keiretsu (a group of affiliated companies with interlocking business relationships) over individual firm performance.
D) This statement is true as all three statements highlight different goals that firms may prioritize depending on their country and cultural context.

Which of the Following Statements About the Goal of a Firm