The Theory of Business Social Responsibility That Holds That a Business

question 127

Multiple Choice

The theory of business social responsibility that holds that a business has a duty to generally do good for society is:

• A) moral minimum.
• B) maximizing profits.
• C) stakeholder interest.
• D) corporate citizenship.
• E) moral maximum.

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Definitions:

Fixed Asset

Long-term tangible property owned by a business, used in its operations and not expected to be consumed or converted into cash in the short term.

Acquisition Cost

The total cost incurred to acquire an asset, including the purchase price and all other expenses necessary to bring the asset to its intended use.

Equipment

Tangible assets used in the operation of a business, such as machinery, computers, and furniture, which are not intended for sale.

Installation Costs

The expenses associated with setting up or installing equipment, machinery, or software.