JD suggests that a better formulation of a utilitarian-based market principle for management is:
a. Always maximize profit.
b. Always maximize profit for all stakeholders.
c. Maximize profit whenever doing so produces the greatest overall good for the greatest number of people.
d. Maximize profit whenever doing so produces the greatest good for the stockholders.
e. Maximize profit whenever doing so produces the least harm for all stakeholders.
Answer: c. Maximize profit whenever doing so produces the greatest overall good for the greatest number of people.
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(A) It is guaranteed by the federal government. (B) It pays a relatively low rate of interest. (C) It is issued by a savings bank. (D) It cannot be redeemed whenever the investor wants the money.
A principal contribution to the field of public relations made by Ivy Ledbetter Lee was ________
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