The Idea That Businesspeople Should Take into Account the Social

question 30

Multiple Choice

The idea that businesspeople should take into account the social consequences of economic actions when making business decisions is regarded as:

• A)an ethical dilemma to consider.
• B)a moral obligation to perform.
• C)an invidious decision to be in.
• D)a legal obligation to warrant.

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Definitions:

Financial Expenditures

Outflows of cash or other assets from a firm or individual for the purpose of acquiring an asset or servicing a debt.

Home Country

Refers to the country where a corporation's headquarters are located and operates from.

Wage Rate

The amount of compensation paid to an employee by an employer for a specific period of work, often expressed hourly, daily, or yearly.