________ Is a Social Responsibility Theory of Business Which Says

question 80

Multiple Choice

________ is a social responsibility theory of business which says that a corporation must consider the effects its actions have on persons other than its shareholders.

• A) Corporate citizenship
• B) Maximizing profits
• C) Moral minimum
• D) Stakeholder interest

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Definitions:

Disadvantage

A condition or situation that makes it more difficult for someone or something to succeed or be effective.

Limited Liability

A legal structure that limits the amount of money that the owners or shareholders of a business can lose to the amount they invested in the company.

Classified by Ownership

Classified by ownership refers to distinguishing entities based on their ownership structure, such as public, private, or governmental.

Publicly Held

A designation for a company whose shares are traded publicly on stock exchanges and can be bought by investors.