The primary purpose of a company is to
Please shareholders
Maximize
profits
Pay their employees
Create products
The correct answer is "Maximize profits."
The primary purpose of a company is to maximize profits. A
company is a business entity that is formed with the intention of making a
profit by providing goods or services to customers. The shareholders, or
owners, of a company invest capital in the business with the expectation of
earning a return on their investment in the form of profits.
While paying employees and creating products are important
aspects of a company's operations, the ultimate goal is to generate profits for
the shareholders. This can be achieved by increasing revenue, reducing
expenses, and managing resources efficiently. However, companies are also expected
to operate ethically and in compliance with relevant laws and regulations.
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