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The quest to maximize profitability should be constrained by:?

        A)    unethical obligations.        B)    lack of social responsibility.        C)    stakeholders.        D)    ethical obligations.

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Question ajoutée par Vinod Jetley , Assistant General Manager , State Bank of India
Date de publication: 2015/07/05
Vinod Jetley
par Vinod Jetley , Assistant General Manager , State Bank of India

D)    ethical obligations.^^^^^^^^^^^^^^^^^

Utilisateur supprimé
par Utilisateur supprimé

Hello All,

 

Shareholders are the ones who should decide on any constraints (If any) on maximizing Profits, but I don't see that option in the answers.

 

and I don't think there should ever be any constraints on maximizing profits if the manager is aware of the process and is mind full of quality control.

Saifeldin Osman Ali
par Saifeldin Osman Ali , Human Resources Consultant , Aldoha investment CO LTD Sudan

  

ethical obligation is the right answer 

Gayasuddin Mohammed
par Gayasuddin Mohammed , Advocate , Practicing Law before High Court at Hyderabad

Quest to maximize profitability surely should be constrained to Ethical Obligations.

As it is not suppose to be one wants to make profits by any way is suppose to be the principle of the people who have and wants to respect values.

SAI ANIMESH KUMAR N
par SAI ANIMESH KUMAR N , Senior Manager, Credit , Ahli United Bank

Obviously, it is D ethical obligations.

Walid Ismail Elrahel  Meiri
par Walid Ismail Elrahel Meiri , Administrative Accountant and Public Relations , Musa Ali Altayeb for Import and Export

Maximizing customer satisfaction makes an important contribution to maximizing profitability, although other factors such as cost control, productivity and marketing strategy also impact the bottom line. By maximizing customer satisfaction, you can increase the opportunity for repeat sales to customers, while reducing the cost of sales and marketing. Customer satisfaction helps to increase customer loyalty, reducing the need to allocate marketing budget to acquire new customers. Satisfied customers may also recommend your products or services to other potential customers, increasing the potential for additional revenue and profit. Thus, Iam strongly with D.

Georges Aref Chaoul
par Georges Aref Chaoul , Sales & Media Director , Maids.cc

(D)                            Thank You.

Ali Yakub Seesi Rutherfod
par Ali Yakub Seesi Rutherfod , Deputy DIRECTOR of Education , Head of Department of Social Science , St. Jerome Snr High School

D.........................................

Utilisateur supprimé
par Utilisateur supprimé

D)    llllllllllllllllllllllllllllllllllllllllllllll

Yaqoub Alomar
par Yaqoub Alomar , Civil Engineer , Al-Zubeir municipality

Ans.

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 D)    ethical obligations.

Gourab Mitra
par Gourab Mitra , Manager IT Project Program and Delivery Management(Full Time Contract/Consulting Role) , IXTEL(ixtel.com)

It should be constrained by ethical obligations, as mentioned by many learned gentlemen over here.