Economics · Oct / Nov 2016 · Paper 13 · Question 12
2281Firms’ costs, revenue and objectives
A survey of managers in the USA revealed that most businessmen feel that a company's responsibility is 'to serve the interests of owners, employees, customers and the public'. The idea of profit maximisation, in contrast, implies that a company's main responsibility should be to the
- Acustomers.
- Bemployees.
- Cowners.
- Dpublic.
As printed in the paper
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Correct answer: C. owners.
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