All of the Following Are Arguments Against Increased Social Responsibility

question 170

Multiple Choice

All of the following are arguments against increased social responsibility except

• A) social issues are the responsibility of government officials elected for that purpose.
• B) companies should maximize profits, not solve society's problems, with their time, money, and talent.
• C) because social problems affect society in general, businesses should not be expected to solve these problems.
• D) social responsibility by firms can prevent increased government intervention.
• E) business managers are primarily responsible to stockholders and providing them a good return.

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Definitions:

Sample Size

The number of observations or data points collected in a sample, which impacts the precision of statistical results.

Standard Error

A measure of the accuracy of a sample mean by describing the dispersion of sample means around the population mean.

Population Standard Deviation

A measure of the amount of variation or dispersion of a set of values in an entire population.

Sample Size

The number of individual observations or data points collected in a sample for the purpose of statistical analysis.