answersLogoWhite

0

The first objective of any business is to protect the public. In theory, no business is allowed to do anything that puts the public in danger in any way. (Reality works somewhat differently.)

The second objective of a publicly owned business is to make a profit for the stockholders. How it goes about that varies according to the business.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

Microsoft is what type of company?

electronic company


Is FedEx a federal company?

No, FedEx is not a government company, it is a publicly owned business.


Which corporations allows its shares to be purchased by anyone who chooses to invest in the business?

publicly owned corporation


What percentage of Walmart stores does China own?

No. A majority of it is owned by the Walton family. It does have some business in China.


Is pet co a publicly owned company?

Yes it is a publicly owned company


Are publicly traded and publicly owned the same thing?

No, publicly traded and publicly owned are not the same thing. A publicly traded company is one whose shares are listed on a stock exchange and can be bought or sold by the general public. In contrast, a publicly owned entity refers to any organization owned and operated by the government or public sector, which may not necessarily issue shares or be traded on the stock market. Thus, while all publicly traded companies are owned by the public, not all publicly owned entities are publicly traded.


Is Kroger publicly or privately owned?

Privately owned


Is macy's privately owned or publicly owned?

Macy's is a subsidiary of Macy's INC. which also owns Bloomingdale's. Macy's Inc. is a publicly owned company.


Is zara a publicly owned company?

Zara is a brand owned by the Spanish multinational company Inditex, which is publicly traded. Inditex is listed on the Spanish stock exchange and is one of the largest retail companies in the world. Therefore, while Zara itself is not a standalone publicly owned company, its parent company Inditex is publicly owned.


What is a publicly owned corporation?

false


Is the motley fool publicly owned?

no


Is Massachusetts General Hospital a public corporation?

If you mean, "publicly owned" as a business corporation, then the answer is no. It is a non-profit corporation that is at least partially owned by Harvard University. thats false dont listen to this person