Including the goal of “making a profit” in a company’s mission statement

Including the goal of “making a profit” in a company’s mission statement

Including the goal of “making a profit” in a company’s mission statement

Multiple choice question.

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is legally required for publicly-traded corporations.

is unnecessary because all firms seek to earn profits, which are the result of more specific actions described in a mission statement.

is important to signal the obvious idea to shareholders that the company intends to be profitable.

should not be done because it is unethical for management to publicly communicate a desire to make a profit.