Which of the Following Is an Argument for Business Performing

question 37

Multiple Choice

Which of the following is an argument for business performing social responsibility activities?

• A)Business institutions,as citizens,have the responsibility to become involved in certain social problems that are outside their normal areas of operation.
• B)Social responsibility arises from social power.
• C)The social costs and benefits of an activity,product,or service shall be thoroughly calculated and considered in deciding whether to proceed with it.
• D)Because business is such an influential member of society,it has the responsibility to help maintain and improve the overall welfare of society.
• E)Business shall operate as a two-way open system,with open receipt of inputs from society and open disclosure of its operations to the public.

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Definitions:

Repurchased

Refers to the act of a company buying back its own shares from the marketplace, which can affect the company's stock price and earnings per share.

Treasury Stock

Shares that were issued by a company and have been repurchased from the market, but not retired.

Stockholders' Equity

The owners' claim on the company's assets, calculated as the company's total assets minus its total liabilities; also known as shareholders' equity.

Assets

Resources owned or controlled by a business, providing future economic benefits.