A factor demanding the ethical and social responsibility of business is:
a. the "invisible hand" of competition.
b. the sheer size and power of individual corporations.
c. the fact that self-regulation has been effective in achieving social goals.
d. great amounts of wealth and economic power are controlled by a small number of shareholders who own and exercise tight control over a large number of corporations.
b
You might also like to view...
Under ________ pricing, different versions of the product are priced differently but not according to differences in their costs
A) product form B) optional product C) captive product D) by-product E) seasonal
How is emergent leadership in virtual groups different from face-to-face groups?
What will be an ideal response?
Which of the following survey methods has the potential to offer quick response at a lower cost than traditional mail and telephone surveys?
A. Total population surveys B. In-home (door-to-door) interviews C. Focus-group interviews D. Personal interview surveys E. Online surveys
Which of the following would not be considered "money" within the meaning of the Code?
A) Diamonds B) Mexican pesos C) Swiss francs D) Nigerian naira