________ Is the Idea That Businesspeople Should Consider the Social

question 55

Multiple Choice

________ is the idea that businesspeople should consider the social consequences of economic actions when making business decisions, and that there should be a presumption in favor of decisions that have both good economic and social consequences.

• A) Factor endowment
• B) Tragedy of the commons
• C) Corporate dynamism
• D) Corporate social responsibility
• E) Economies of scale

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Definitions:

Groups

Collections of individuals united by certain relations or shared interests.

Ideas

Thoughts, concepts, or suggestions about possible courses of action or solutions to problems.

Inspection

The first part of a physical examination; close observation.

Drug Enforcement Agency (DEA)

A United States federal agency responsible for enforcing the controlled substances laws and regulations, aiming to combat drug trafficking and abuse.