Under the moral minimum theory of the social responsibility of business, businesses are

presumed to operate in order to generate profits and thus have minimal moral obligations.

Indicate whether the statement is true or false


FALSE

Business

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Suppose a cotton-textile company wants to estimate the area market potential for its high quality fabrics in Houston. List the possible steps that the marketers will follow to compute the area market potential

What will be an ideal response?

Business

Which of the following is an accurate description of the null hypothesis?

A) a formal statement that there is a significant difference between the hypothesized value and the value we find in our sample B) a formal statement that there is no difference between the hypothesized value and the value we find in our sample C) a formal statement that there is a slight difference between the hypothesized value and the value we find in our sample D) an informal statement that there is a large difference between the hypothesized value and the value we find in our sample E) an informal statement that there is an average difference between the hypothesized value and the value we find in our sample

Business

________ is a comparative scaling technique where numbers are assigned to objects such that ratios between the assigned numbers reflect ratios on the specified criterion

A) Q-sort scaling B) Magnitude estimation C) Guttman scaling D) Constant sum scaling

Business

Acme Global seeks to hire skilled employees who are willing to use their creativity to improve the organization’s products and services. Acme Global does this because the organization recognizes the influence of ______ in the external environment on the organization.

A. suppliers B. shareholders C. technology D. customers

Business