According to the text, which of the following is NOT a basic guideline for setting a firm's objectives?
A) Engaging in specific activities that will perform an economically useful function.
B) Identifying its current and prospective competitors.
C) Earning enough profit to survive.
D) Developing an organization to carry on the business and implement its strategies.
E) Ensuring that the firm's activities are socially useful.
Correct Answer:
Verified
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