What Does "Maximizing Profits" as a Social Responsibility Theory in Business

question 6

Multiple Choice

What does "maximizing profits" as a social responsibility theory in business imply?

• A)A corporation must consider the effects of its actions on persons other than its shareholders.
• B)A corporation's duty is to make a profit while avoiding causing harm to others.
• C)A corporation owes a duty to take actions that increase profits for its shareholders.
• D)A corporation has the prime responsibility of increasing its profits in order to benefit the society at large.

Understand the structure and purpose of .pst files in Outlook.

Identify and describe the components of the Navigation Pane in Outlook.

Differentiate between appointments, meetings, and events in Outlook.

Know the default folders where appointments and meetings are stored in Outlook.

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Definitions:

Designated Market Maker

A designated market maker is a market participant responsible for maintaining liquidity in a financial market by buying and selling securities.

Securities

Assets indicating equity in a publicly-traded company, a bond signifying indebtedness to a company or government, or options granting ownership rights.

Collateralized Debt Obligations

Collateralized debt obligations (CDOs) are complex financial instruments that pool together cash flow-generating assets and repackages this asset pool into discrete tranches that can be sold to investors.

Default Risk

The potential that a borrower will fail to meet the obligations of a loan or debt agreement.