The Observation That "The One and Only Social Responsibility of Business

question 32

Multiple Choice

The observation that "The one and only social responsibility of business is to increase its profits" can be attributed to:

• A) Justice Potter Stewart.
• B) John Akers.
• C) Milton Friedman.
• D) Jeffrey Sachs.

Distinguish between different philosophical perspectives on how knowledge and perception are acquired.

Understand the concept of crowdsourcing and its application in business decisions.

Identify the three Vs of big data: volume, velocity, and variety.

Recognize the structural characteristics of big data and its challenges for integration into standard databases.

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Definitions:

Inner Feelings

Deep, often less visible emotions and feelings that reside within an individual.

Polygraph

A device or procedure that measures and records several physiological indicators such as blood pressure, pulse, respiration, and skin conductivity while the subject is asked and answers a series of questions, purportedly to detect lies.

Perspiration

The process by which sweat glands in the skin secrete sweat, a fluid consisting primarily of water along with various dissolved solids, which evaporates to help cool the body.

Food Deprivation

The condition of being withheld from food, leading to hunger or potential starvation.