The relationship between business and the community is accurately described by:
A. Business has more responsibility toward community than the community does toward business.
B. Communities possess more social power than businesses do.
C. It is one of mutual interdependence.
D. All of these answers are correct.
Answer: C
You might also like to view...
The owner is only allowed to withdraw cash from the business
Indicate whether the statement is true or false
Accounts payable $ 30,000 Accounts receivable 65,000 Accrued liabilities 7,000 Cash 25,000 Intangible assets 40,000 Inventory 72,000 Long-term investments 100,000 Long-term liabilities 75,000 Marketable securities 36,000 Notes payable (short-term) 20,000 Property, plant, and equipment 625,000 Prepaid expenses 2,000 Based on the above data, what is the amount of working capital?
A) $243,000 B) $143,000 C) $183,000 D) $69,000
Raleigh, age ten, punctured the tires on his neighbor's car. This act would be classified as
a. trespass. b. negligence. c. assault. d. battery.
Within a business organization, a profit center that is self-supporting in terms of sales, markets, production, and other resources is known as a?
A. ?profit entity. B. ?strategic business unit. C. ?marketing program. D. ?small business. E. ?diversified corporation.