Maximizing profits promote the general welfare

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The "stockholder view" holds that managers should always  seek to maximize pfrofits. Proponents of this view make the utilitarian claim that maximizing profits will promote the general welfare. how, according to this view will maximizing profits promote the general welfare?

Reference no: EM13293783

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Maximizing profits promote the general welfare : The "stockholder view" holds that managers should always  seek to maximize pfrofits. Proponents of this view make the utilitarian claim that maximizing profits will promote the general welfare. how, according to this view will maximizing profits prom..
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