To Which of the Following Forms of Business Can the Concept

question 34

Multiple Choice

To which of the following forms of business can the concept of social responsibility be applied?

• A) Large, public corporations
• B) Small, privately held corporations
• C) All forms of corporations
• D) Any form of business, from a sole proprietorship to a large corporation
• E) All businesses except those with less than 50 employees

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Definitions:

Cash Flows

The entirety of funds transferred inwards and outwards of a business, which is vital for maintaining operational liquidity.

Annuities

Financial products sold by financial institutions that are designed to accept and grow funds from an individual and then, upon annuitization, pay out a stream of payments to the individual at a later point in time.

Present Value

The current financial value of money to be obtained in the future or upcoming cash flow payments, quantified by a particular rate of return.

Cash Flows

The total amount of money being transferred in and out of a business, especially as affecting liquidity.