Which of the Following Is an Argument Used to Support

question 39

Multiple Choice

Which of the following is an argument used to support corporate social responsibility (CSR) ?

• A) The free market,not companies,should decide what is best for the world.
• B) CSR can be a profitable undertaking.
• C) Businesses are not responsible for social or environmental problems.
• D) Businesses don't have the expertise to make social decisions.
• E) All of the above are arguments used in support of CSR.

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Definitions:

Inventory

Inventory refers to the goods and materials that a business holds for the ultimate purpose of resale or production.

Continuing Franchise Fees

Regular payments made by franchisees to the franchisor for ongoing support and the right to continue operating under the franchisor's brand and system.

Franchise Agreement

A legal, binding contract between a franchisor and franchisee, outlining the terms and conditions for running a franchised business.

Cost Recovery Method

A revenue recognition method where no profit is recognized until the costs of the sold goods or services are fully recovered.