Which of the Following Arguments on Social Responsibility States That

question 56

Multiple Choice

Which of the following arguments on social responsibility states that businesses should address social problems before they become serious and costly to correct?

• A)superiority of prevention over cures
• B)possession of resources
• C)balance of responsibility and power
• D)better environment

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Definitions:

Excess Cash

The amount of cash owned by a business that exceeds its immediate operational and investment needs, often signaling financial strength.

Equity Financed

Refers to the method of funding a company or its operations through selling shares of stock to investors, rather than acquiring debt.

Market Price

The current value at which an asset or service can be bought or sold in a marketplace.

Ex-dividend

The ex-dividend date is the date on which a stock begins trading without the entitlement to receive the most recently declared dividend, meaning buyers from that day onward will not receive the dividend.