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Multiple Choice
Peak business organizations typically focus on which of the following primary goals?
A
Setting government fiscal policy
B
Providing direct consumer services
C
Maximizing profits for their members
D
Regulating international trade agreements
Verified step by step guidance
1
Understand the role of peak business organizations: These are groups that represent the interests of businesses, often at a national or industry-wide level.
Identify the typical goals of such organizations: They usually aim to influence policies and create favorable conditions for businesses rather than directly providing services or setting government policies.
Evaluate each option in the context of business organizations' goals: Setting government fiscal policy is typically the role of the government, not business organizations; providing direct consumer services is usually done by individual companies, not peak organizations; regulating international trade agreements is generally handled by governments or international bodies.
Recognize that the primary goal of peak business organizations is to maximize profits for their members by advocating for policies and conditions that benefit businesses.
Conclude that the correct answer is 'Maximizing profits for their members' because this aligns with the fundamental purpose of these organizations.