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The duty of a firm to maximize profits for its owners or stockholders is referred to as _________.

1 Answer

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Profit responsibility refers to the duty of a firm to maximize profits for its owners or stockholders. They should maximize and balance profit-making activities that will benefit the society in general. There is a need to contribute o avoid or reduce negative publicity or generate positive press to improve your brand.

answered
User Pieter Meiresone
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