Social Responsibility by a Business

question 6

Multiple Choice

Social responsibility by a business:

• A) Is a doctrine developed by economist Milton Friedman.
• B) Requires a business to examine how its decisions affect its stakeholders, not just its shareholders.
• C) Is not part of a discussion of business ethics.
• D) None of the above

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Definitions:

Stability-Change

A debate within the field of psychology that concerns whether and how much personal characteristics and behavior change or remain stable throughout a person's life.

Person-Situation

Refers to the debate in psychology about the relative influence of personal traits versus situational factors on human behavior.

Physiological Psychologists

Professionals who study the biological bases of behavior, combining principles of psychology and physiology.

Neuropsychologists

Professionals specialized in understanding the relationship between the physical brain and behavior, often assessing and treating cognitive impairments.