Which of the Following Is an Argument for Increased Social

question 175

Multiple Choice

Which of the following is an argument for increased social responsibilities?

• A) Because business is part of our society, it cannot ignore social issues.
• B) Management must be concerned with providing a return on owners' investments.
• C) Corporate time and money should be used to maximize profits.
• D) Individual businesses should not be expected to solve society's problems.
• E) Social issues are the responsibility of government officials.

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Definitions:

Expenditure

Money spent or cost incurred in an organization's efforts to generate revenue, representing the consumption of goods and services.

Discount Period

The time period between the date of sale and the due date, during which a payment may be made at a reduced rate.

Capital Investment

Funds spent by a company to acquire or upgrade physical assets such as buildings, machinery, or equipment to boost its long-term revenue and profitability.

Recovery

The process of regaining possession or control of something lost or taken away, or the period of economic rebound following a recession or downturn.