Business has an obligation as a social institution; society gives and can take away the power of business to operate or sanction it if it operates outside of societal expectations.This statement reflects the principle of:
A) Legitimacy
B) Shareholder management
C) Managerial discretion
D) Public responsibility
E) None of the answers.
Correct Answer:
Verified
Q11: Which of the following statements is inconsistent
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Q13: A local business has received negative media
Q14: Salvo is considering shutting down a local
Q15: The expectations placed on business to improve
Q17: Managerial discretion involves:
A)Societal expectations
B)Adherence to societal norms
C)Resource
Q18: All of the responsibilities have always existed
Q19: Corporate sustainability includes all of the following,except:
A)Compliance
B)Profit
C)Caring
D)Synergy
E)Legality
Q20: The roles of business as moral actors
Q21: Social impact assessment evaluates all of the
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