The Arguments "Let Business Try" and "Business Has the Resources

question 14

Multiple Choice

The arguments "Let business try" and "Business has the resources" are a part of

• A) why business should not assume social responsibility.
• B) why business should assume social responsibility.
• C) the classical economic model.
• D) the relationship between corporate social responsibility and financial position.

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Definitions:

Due Date

The specified date by which an obligation, such as a bill or assignment, must be completed or paid.

Remittance

The process of sending money in payment or as a gift, often referring to funds that are sent by migrants back to their country of origin.

Discount Period

The time frame within which a payment can be made at a reduced rate before the full invoice amount becomes due.

Discount Date

The specified date when a payment is to be made earlier than the due date at a reduced amount, as a motivation for early payment.