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According to Keith Davis, in Addition to Considering Potential Profitability

question 4

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According to Keith Davis, in addition to considering potential profitability, a business must weigh the long-range social costs of its activities as well. Only if the overall benefit to society is positive should business act.


Definitions:

Individual Retirement Account

A financial account that provides tax advantages for retirement savings in the United States.

Bankruptcy Exemptions

Specific assets or types of property that the bankruptcy law allows an debtor to keep from creditors when filing for bankruptcy.

Claims Of Creditors

The legal rights of creditors to collect what is owed to them by a debtor.

Breach Of Peace

An act that disturbs public order or tranquility, such as fighting or causing a disturbance.

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