According to a Classic Description of the Purpose of a Business,it

question 44

Multiple Choice

According to a classic description of the purpose of a business,it is the ________ who determines what a business is.

• A) marketing department
• B) middle-management
• C) CEO
• D) customer
• E) strategist

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Definitions:

Ratify

To formally approve or confirm an agreement or act, making it officially valid.

Ratified

Confirmed or made official by formal consent or approval, typically used in the context of constitutional amendments or treaty agreements.

Void Ab Initio

A term referring to an agreement or contract that is considered invalid from the outset, as if it never existed.

Disaffirm

The legal act of renouncing or rejecting a contract or agreement, often used in the context of minors' ability to void contracts.