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True or false? Every business exists primarily to create profits.

Below is the answer and explanation for true or false? every business exists primarily to create profits.

True or false? every business exists primarily to create profits.

  • True — a business might have other goals it wants to achieve, but its leaders must be focused on profits first in order to achieve those other goals.
  • True — a business only exists to create profits for the people it employs.
  • False — businesses should not think about profits at all. Instead, they should find a higher purpose to fulfill.
  • False — although most businesses have to generate profits in order to sustain themselves, every business exists to fulfill a specific purpose. âś…

Correct answer

False — Although most businesses have to generate profits in order to sustain themselves, every business exists to fulfill a specific purpose. ✅

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