Which of the Following Is True of Maximize Profits Theory

question 56

Multiple Choice

Which of the following is true of maximize profits theory?

• A) It requires an organization to correct the social injury it causes.
• B) It considers the interests of people other than shareholders to be unimportant.
• C) It considers the interests of all people associated with a business to be important.
• D) It requires an organization to solve social issues that it did little to cause.

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Definitions:

Equivalent Statements

Propositions that have the same truth value in every possible scenario.

Contradictory

Relating to statements, ideas, or propositions that directly oppose each other, such that if one is true, the other must be false.

Inconsistent

Containing elements that are logically in conflict with each other, unable to be true in the same context or at the same time.

Truth Tables

A table used in the field of logic to calculate the values of logical expressions based on their arguments.