The duty of a firm to maximize profits for its owners or stockholders is referred to as ________.

A. social responsibility
B. profit responsibility
C. benefit marketing
D. stakeholder responsibility
E. value consciousness


Answer: B

Business

You might also like to view...

Patent treatment is standardized owing to

A. WIPO, TRIPS, and the Paris Union. B. domestic laws in various nations. C. the UN Commission on Patents. D. the WTO.

Business

Performing or promising to perform what one is already obligated to do is a valid consideration

Indicate whether the statement is true or false

Business

The Fair Debt Collection Practices Act prohibits which of the following practices by a debt collector?

A. falsely representing himself as a lawyer B. telephoning the debtor at 8:00 a.m. C. visiting a debtor at work if the employer permits personal visits D. using neighbors to locate the debtor

Business

Email spoofing is a synonym for phishing.

Answer the following statement true (T) or false (F)

Business