You are giving a tour of businesses to several classical musicians from China. One of the Chinese in the tour group has asked you to define the purpose of business. How should you answer this question?
A. Produce goods and then wait for consumers to buy them.
B. Encourage consumers to buy products they may not want.
C. Speed up changes in the economic environment.
D. Create large profit-oriented organizations.
E. Increase the general well-being of people by selling goods and services.
Answer: E. Increase the general well-being of people by selling goods and services.