Respuesta :
The overall goal of a corporation is to maximize its profits therefore the correct answer is option (b) to maximize profit.
There is only one social responsibility of a corporation and that is to increase its profits . Earlier, corporations had been expected to serve a few public reasons as justification for the benefits and privileges they obtain from the state. However in the reason that 1970s, the view come to be widespread that corporations exist completely to maximize profit and for no different reason.
Corporations do have a duty to society beyond maximizing profit, which can satisfactorily be met through adopting: Innovation: developing new and advanced services and products that maximize societal price and decrease environmental impacts.
There are a lot of misconceptions approximately maximizing shareholder value, even amongst economists. however speak to a legal scholar or a corporate legal professional: a CEO or board isn't always legally obliged to maximize shareholder price. They need to maximize the fee of the organization and act in its fine hobby.
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