During the 1950s, there were three core ideas at the forefront of conversations about corporate responsibility.

What will be an ideal response?


The first was the idea of the manager as public trustee, the second was the balancing of competing claims to corporate resources, and the third was corporate philanthropy.

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In determining which business plans to fund, investors search for a concept with promising growth potential rather than the most unique product or service

Indicate whether the statement is true or false

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A conversation, rather than a one-way delivery of negative feedback, encourages employees to find their own solutions.?

Indicate whether the statement is true or false

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In which of the following cases, will the presumption of no intention to create legal

relations arise? A) an agreement for the sale of a motor car entered into by two brothers B) an agreement for the sale of a house entered into by two life long best friends, both of whom are realtors. C) An agreement for the sale of a painting entered into between two sisters D) a lease agreement entered into between a mother and her son E) All of the above

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The __________ was the first major trade agreement of the twentieth century to establish rules and guidelines for global commerce.

A. North American Free Trade Agreement (NAFTA) B. General Agreement on Tariffs and Trade (GATT) C. Free Trade Area of the Americas (FTAA) D. Asia Pacific Economic Cooperation (APEC)

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