Bachelor of General Studies (BGS) Degree Practice Exam 2025 - Free BGS Practice Questions and Study Guide.

Disable ads (and more) with a premium pass for a one time $4.99 payment

Question: 1 / 180

What could be considered a primary benefit of B Corporations in relation to their mission?

Focus solely on profit maximization

Social and environmental performance criteria

B Corporations, or Benefit Corporations, are unique in that they are legally required to consider the impact of their decisions on all stakeholders, which includes employees, customers, the community, and the environment, in addition to pursuing profit. This broader mission is encapsulated by the incorporation of social and environmental performance criteria into their operational framework. By adhering to these criteria, B Corporations demonstrate a commitment to higher standards of purpose, accountability, and transparency, distinguishing themselves from traditional businesses that prioritize profit maximization. This focus allows them to attract customers, investors, and employees who are increasingly looking for ethical practices and sustainability.

The other options do not accurately reflect the fundamental goals and purposes of B Corporations. While traditional companies may focus solely on profit, that is not the case for B Corporations, and they do not operate to gain an exemption from government oversight or to limit stakeholder involvement, which actually runs counter to their principles.

Get further explanation with Examzify DeepDiveBeta

Exemption from government scrutiny

Limiting stakeholder involvement

Next

Report this question

Subscribe

Get the latest from Examzify

You can unsubscribe at any time. Read our privacy policy