Which of the Following Best Describes the Historical View of Business

question 16

Multiple Choice

Which of the following best describes the historical view of business responsibilities till the first half of the twentieth century?

• A)Businesses had to assume the affirmative duty of the resolution of social problems.
• B)Businesses were expected to give close accounting attention to their social and environmental performance as well as financial performance.
• C)The duty of businesses was the production and distribution of the best products and services at the lowest possible prices.
• D)The primary duty of businesses was operation with a focus on environmentally sensitive practices to husband scarce resources.

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Definitions:

Trust

The confidence or belief in the reliability, integrity, and abilities of a person or system, often considered foundational for effective relationships and teamwork.

Leadership

The act of guiding or influencing a group towards the achievement of goals.

Service Performance Behaviours

Actions undertaken by employees in customer-oriented service roles that contribute to the delivery and quality of service.

Servant Leadership

is a leadership philosophy that emphasizes the importance of serving others and prioritizing the needs of employees and the community over personal gain or power.