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Which of the following is the main objective of businesses?

1) Match rival businesses products and quality dimensions in the marketplace
2) Build profits for short-term success
3) Realign the market to provoke change in rival companies
4) Develop lasting success that can support growth and secure the company's future over the long term
5) Re-create their business models regularly

User Rocks
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Final answer:

The main objective of businesses is to develop lasting success that supports growth and secures the company's future, aligning with the overall goal of achieving profitability. Correct answer is option 4.

Step-by-step explanation:

The main objective of businesses can be interpreted and prioritized differently depending on strategic visions; however, one overarching goal stands as fundamental. When we dissect the reasons behind why firms start up and why they cease to exist, a recurring theme is evident: the pursuit of profits. In its essence, the primary objective of a business is to develop lasting success that can support growth and secure the company's future over the long term, as this aligns with the central motivation for starting a business—to achieve profitability.

Profits serve as a crucial measure, determining whether or not a business remains operational. Business owners and producers aim to create something of value that can be sold for more than the cost of production. While firms might reinvent themselves, provoke change in rival companies, or temporarily focus on short-term profits, such strategies are typically employed towards the ultimate goal of long-term stability and success.

Hence, option 4, which emphasizes developing lasting success to support growth and secure the company's long-term future, aligns most closely with the principal reason that businesses are started—and why they persist.

User Haoshu
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