Which of the Following Is Associated with the Classical View

question 88

Multiple Choice

Which of the following is associated with the classical view of social responsibility?

• A) stockholder financial return
• B) concern for social welfare
• C) economist Robert Reich
• D) voluntary activities

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Definitions:

Incorporator

An individual who applies for incorporation on behalf of a corporation.

Promoters

Individuals or companies that initiate and take the responsibility for setting up a business or company.

Government

The organization, or the apparatus, through which a political unit exercises authority and performs functions and which is usually classified as parliamentary or presidential.

Public Corporation

A corporation that is created by government to help administer law.