Firms Should Strive to Engage in Social Activities That

question 58

Multiple Choice

Firms should strive to engage in social activities that

• A) have economic benefits.
• B) have no economic benefits.
• C) are detrimental to economic growth.
• D) drain financial resources.
• E) garner goodwill only, not profits.

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Definitions:

Social Roles

The parts individuals play as members of a social group, which are accompanied by a set of expectations from the society regarding their behavior.

Functionalism

A sociological paradigm that emphasizes the way in which the parts of a society are structured to maintain its stability and functionality.

Conflict Theory

A theoretical framework in sociology that views social life as a competition for limited resources.

Income

Money received annually from all sources.