Profit responsibility refers to
A. the duty of a firm to maximize profits for its owners or stockholders.
B. the view that an organization has an obligation to those who can affect the achievement of its objectives.
C. the idea that organizations are part of a larger society and are accountable to that society for their actions.
D. the obligation of a firm to price its products or services at a level whereby the consumer is treated fairly and the firm is still able to make a profit.
E. the concept that no expansion or additional research and development will occur until a company is making a profit.
Answer: A
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Which of the following statements is not a potential problem with appointing vendors as category captains?
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Which of the following is an effect of social influences on consumer buying decisions?
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