What Is the Following Is True of Ethics and Social

question 85

Multiple Choice

What is the following is true of ethics and social responsibility in business?

• A)Ethical conduct and corporate social responsibility are linked to increased profits.
• B)Businesses do not need to consider social values in the contemporary scenario.
• C)Investors and retired employees remain unaffected in case of scandals.
• D)Businesses' reputations depend solely on their profits.
• E)Business misconduct is likely to be widely excused if it enhances firms' profits.

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Definitions:

Cost-Ratio Analysis

Cost-ratio analysis is a method of comparing the cost of an action to its benefits, often used in business and economics to determine the most economically feasible option.

Cost-Benefit Analysis

An economic evaluation technique that compares the costs and benefits of different projects or decisions to ensure efficient allocation of resources.

Highest Denomination

The largest value in a series or system, such as currency.

Portrait Side

The aspect or profile of a subject that is depicted or photographed, typically focusing on the face or front.