Which of the following statements is true about businesses and profits?
A)Profit making is a business activity that seldom requires risk taking.
B)Businesses do not have the right to use their profits the way they choose.
C)Profit-making businesses often weaken the economy of a country.
D)Earning profits contributes to society by providing employment.
E)Ignoring the interests of stakeholders is the best way for a business to be profitable.

Question

Quizplus · Accepted Answer

Earning profits is fundamental to the operation and growth of businesses, which in turn contributes to society by creating jobs and fostering economic activity. This positive impact includes the provision of employment opportunities, which supports the economy and benefits society at large.

Which of the Following Statements Is True About Businesses and Profits