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Do Corporations Have a Responsibility to Society that Extends beyond Merely Maximizing Profits?
Wiki User
∙ 9y ago
No, corporations don't have an explicit responsibility to the community. However, since businesses want to be profitable, managers recognize they are expected to give back in order to retain customers.
Wiki User
∙ 9y ago
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How do corporations attempt to protect the interest of stockholders?
Corporations try to protect the interest of stockholders by maximizing profits. The more money they more, the more money they will have for their investors.
What is maximizing corporate profits?
Maximizing corporate profits is a kind of idea which is simple, obvious and straightforward. To maximize a profit is to squeeze in as much value of a certain resources as possible.
Corporations distribute profits to their owners in the form of?
dividends
Dividend Payments?
Corporations have shareholders that invest in their business and expect a portion of the business's profits in return. Dividend payments are part of the shareholders' returns for investing in a business. Corporations have a choice to either reinvest their profits in shares, or keep a portion of the profits and paying shareholders dividends.
What is meant by the objective of Maximizing Shareholder Wealth as contrasted with the goal of maximizing short term profits?
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How do corporations attempt to protect the interest of stockholders?
Corporations try to protect the interest of stockholders by maximizing profits. The more money they more, the more money they will have for their investors.
Which social responsibility theory has been advocated by Novel Prizewinning economist Milton Friedman?
Maximizing Profits
Why did some corporations seek to gain control over their market?
What they were usually after was price control and thus maximizing profits through market control.
Why is maximizing profits necessary?
Maximizing profits is necessary in order to hit the business's bottom line. Also, it is key to increasing the bonuses of the business executives.
What if a corperation is nonprofit?
All non profits are corporations. All corporations are not non profits.
What is the primary objective of business management?
Maximizing profits.
What is maximizing corporate profits?
Maximizing corporate profits is a kind of idea which is simple, obvious and straightforward. To maximize a profit is to squeeze in as much value of a certain resources as possible.
What describes the relationship between pricing objectives and promotion?
Pricing objectives are all about maximizing profits. Promotion results through efficiently achieving your objective - which in this case is all about maximizing profits.
Maximizing shareholder wealth means maximizing the?
Maximizing shareholder wealth means that the company reduces re-investment of profits and increases the dividend payouts. Dividend payouts are the benefits paid out to shareholders after a financial period.
Can a corportate be nonprofit?
Yes. Non profits are corporations.
Corporations distribute profits to their owners in the form of?
dividends
What is Corporate profits?
Maximizing corporate profits is a kind of idea which is simple, obvious and straightforward. To maximize a profit is to squeeze in as much value of a certain resources as possible.
