Which of the Following Statements Is True of the Social

question 100

Multiple Choice

Which of the following statements is true of the social contract approach to corporate management?

• A)The primary focus of the old social contract laid emphasis on equal advancement in the quality of life and economic growth.
• B)The modern social contract approach argues that there is an obligation for the corporation to meet the demands of society rather than just the demands of a targeted group of customers.
• C)The consequences of the modern social contract approach to corporate management is growth at the expense of rising costs, wages growing at a lower rate than inflation, and so on.
• D)The main focus of the old social contract was to maintain a longer-term perspective than just the delivery of quarterly earnings numbers.

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