Examlex
All of the following would be considering part of the description of the venture section of the business plan except:
Profit Maximization Theory
An economic principle suggesting that businesses operate to achieve the highest possible profit based on income and cost variables.
Utilitarianism
A moral theory suggesting that the best action is the one that maximizes utility, often defined as maximizing happiness and reducing suffering.
Profit Maximization
is the process or strategy of adjusting a firm's production and sale operations to earn the highest possible profit.
Stakeholder Theory
A theory in corporate governance asserting that a company should consider and respond to the interests of all its stakeholders, not just shareholders.
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