Businesses Today Must Recognize That They Are Not Just Responsible

question 41

Multiple Choice

Businesses today must recognize that they are not just responsible to their local constituency; they have rights and duties that apply to a global community and thus must be concerned with common humanity.This statement best reflects:

• A)Business citizenship
• B)Equivalent view of Corporate Citizenship
• C)Extended view of Corporate Citizenship
• D)Limited view of Corporate Citizenship
• E)None of the answers

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Definitions:

Loaves

Units of bread that are shaped and baked in a specific size and form.

Pounds

A unit of weight commonly used in the United States and the British Imperial system, equivalent to 0.453592 kilograms.

Consumer Equilibrium

The state in which the allocation of goods and services aligns with consumer preferences, and marginal utility per unit of expenditure is equal across all goods.

Olive Oil

A liquid fat obtained from olives, a traditional tree crop of the Mediterranean Basin, used in cooking, cosmetics, pharmaceuticals, and as a fuel for traditional oil lamps.