The duty of a firm to maximize profits for its owners or stockholders is referred to as

Profit responsibility refers to the duty of a firm to maximize profits for its owners or stockholders. They should maximize and balance profit-making activities that will benefit the society in general.  There is a need to contribute o avoid or reduce negative publicity or generate positive press to improve your brand.

match each type of restriction with one of its effects.

a. land-use laws

b. labor laws

c. banking regulations

a. controlled development of towns and cities

b. protection of young workers

c. greater financial stability

the definition of a small business is an independently owned and operated company that is limited in size and in revenue depending on the industry. a local bakery that employs 10 people is an example of a small business. a manufacturing facility that employees less than 500 people is an example of a small business.