All of the following are arguments against increased social responsibility except
A. social issues are the responsibility of government officials elected for that purpose.
B. companies should maximize profits, not solve society's problems, with their time, money, and talent.
C. because social problems affect society in general, businesses should not be expected to solve these problems.
D. social responsibility by firms can prevent increased government intervention.
E. business managers are primarily responsible to stockholders and providing them a good return.
Answer: D
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When Procter & Gamble used Gain and Cheer laundry detergents as outposts to protect a weak front or support a possible counterattack, they were using a ________ defense
A) flank B) position C) preemptive D) counteroffensive E) mobile
Both U.S. GAAP and IFRS do not require firms to recognize the fair value of employee stock options in the accounting records
Indicate whether the statement is true or false
Chris sold Valerie a home containing a wood stove which could not be removed from the home without causing substantial damage. Shortly after the sale, Valerie sustained significant smoke damage due to a malfunction of the stove. She told Chris that she was going to sue him under the UCC. Chris told her that was not possible. Which of the following is true?
a. Chris is correct because the stove would likely be a fixture not covered by the UCC. b. Valerie is correct because the stove would likely be a fixture covered by the UCC. c. Valerie is correct because the stove would not be considered a fixture and would, therefore, be covered by the UCC. d. Valerie is correct because the sale of the home would be covered under the UCC along with anything else sold with the home.
The new owner of the Atlanta Falcons football team had research conducted to learn why game attendance was low. The research revealed several reasons, including shortage of toilet paper and straws, high prices for bad seats, and inadequate parking. Once all the problems were fixed, the team owner did not want to have any future attendance problems. He set up kiosks in the football stadium where attendees could give the team and the arena a "report card". This would be an example of:
A. A SERVQUAL survey B. A trailer call C. A critical incident study D. Requirements research E. Market-oriented ethnography