Which of the Following Is an Argument for Increased Social

question 175

Multiple Choice

Which of the following is an argument for increased social responsibilities?

• A) Because business is part of our society, it cannot ignore social issues.
• B) Management must be concerned with providing a return on owners' investments.
• C) Corporate time and money should be used to maximize profits.
• D) Individual businesses should not be expected to solve society's problems.
• E) Social issues are the responsibility of government officials.

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Definitions:

Optimal R&D

The most efficient level of investment in research and development activities that maximizes the benefit to a company or society.

Venture Capital

Funding given to startups and small businesses by investors who see potential for significant growth over time.

Start-Ups

Businesses in their early stages of operation, often characterized by innovative ideas and solutions to market needs, seeking to grow and establish themselves.

Marginal Cost

The money required to produce an additional unit of a product or service.