What Is the Foremost Question in Running a Business Enterprise

question 61

Multiple Choice

What is the foremost question in running a business enterprise?

• A) What must managers do, and do well, to make a company a winner in the marketplace?
• B) What can employees do, and do well, to ensure customer satisfaction?
• C) What can shareholders do, and do well, to ensure a profitable company?
• D) What do customers do, how to profile customers who buy a company's product, and tailor sales strategy around them?
• E) What do suppliers do, and how to get supplies at the lowest cost to build a profitable business?

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Definitions:

Due Diligence Defense

A legal defense used in securities law, asserting that the defendants conducted a thorough investigation and did not find any misrepresentation or fraud.

Securities Act

Refers to the U.S. Securities Act of 1933, a federal piece of legislation enacted to regulate the securities industry and protect investors.

Effective Registration Date

The date on which a company's registration statement is declared effective by the Securities and Exchange Commission, allowing it to legally sell securities.

Prospectus

An investment document that provides details about a company or financial product, aimed at potential investors.