If Sergio starts his own business, his firm's activities and policies will impact many different groups and individuals, including employees, customers, creditors, suppliers, and people living in the community where his business is located. Which of the following statements represents how Sergio should deal with these various groups? Sergio should:

Multiple Choice

take the needs of all of these groups into account, and try to satisfy each group as much as possible.

concentrate on meeting the needs of his customers, since they are crucial to the success of his business, but ignore the needs of other groups in order to keep costs low.

satisfy whichever group complains the loudest, using the "squeaky wheel gets the grease" philosophy.

concentrate on maximizing his own profits and let everyone else look out for themselves.