Which Argument for Social Responsibility Puts Forth the Belief That

question 80

Multiple Choice

Which argument for social responsibility puts forth the belief that an imbalance between the large amount of power held by firms and their responsibility is harmful to the public good?

• A) balance of responsibility and power
• B) public expectation
• C) public image
• D) ethical obligation

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Definitions:

Nondurable Good

A product that is consumed or has a lifespan significantly shorter than three years, such as food products, fuel, or cleaning supplies.

Durable Goods

Consumer products with a long life span, such as appliances, vehicles, and furniture, which are used over time rather than consumed quickly.

Nondurable Goods

Items that have a short lifespan and are consumed or used up quickly after purchase, such as food and paper products.

NAICS Guidelines

The North American Industry Classification System guidelines classify business establishments for the purpose of collecting, analyzing, and publishing statistical data related to the U.S. economy.