Which of the Following Philosophies Maintains That a Company's Sole

question 27

Multiple Choice

Which of the following philosophies maintains that a company's sole responsibility is to maximize profits for its owners?

• A) utilitarian view
• B) righteous moralist view
• C) Friedman view
• D) cultural relativist view

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Definitions:

Promotion

One of the four main elements of the marketing mix, it increases company sales by communicating product information to potential customers.

Source Objection

A type of sales objection where the customer hesitates or refuses to buy based on the credibility or reputation of the source or seller.

Established Companies

Companies with a long history of operation, which have demonstrated stability and growth over time.

Source Objection

Identifying and addressing potential concerns or reasons a prospect might have for not making a purchase.