Answered

The primary duty of an organization can BEST be described as which of the following?
Understanding consumer demand and providing the subsequent supply.
Identifying profit creating opportunities and creating strategies to capture these markets.
Hiring employees and giving back to the community in a meaningful way.
Maximize shareholder value while maintaining responsibility to their customers.



Answer :

GinnyAnswer
The primary duty of an organization can BEST be described as: Maximizing shareholder value while maintaining responsibility to their customers. Here's why: 1. **Maximizing Shareholder Value**: One of the main goals of an organization is to maximize shareholder value. This involves making decisions and implementing strategies that increase the value of the company's stock, thereby benefiting its shareholders. 2. **Responsibility to Customers**: While pursuing profits for shareholders is important, organizations also have a responsibility to their customers. This includes providing quality products or services, ensuring customer satisfaction, and maintaining ethical business practices to build trust and loyalty among customers. By focusing on maximizing shareholder value and fulfilling responsibilities to customers, an organization can achieve long-term success and sustainability in the market.