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

1. 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.
2. True – A business only exists to create profits for the people it employs.
3. False – Although most businesses have to generate profits in order to sustain themselves, every business exists to fulfill a specific purpose.
4. False – Businesses should not think about profits at all. Instead, they should find a higher purpose to fulfill.

Correct Answer:

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