Melvin Anshen suggests that there is an relationship between business and society which he termed as
A) "share the wealth".
B) "the rich get richer and the poor get poorer".
C) "social contract".
D) "one for all and all for one".

Question

Quizplus · Accepted Answer

Melvin Anshen's suggestion of a relationship between business and society is termed as "social contract". This implies that businesses have a responsibility to society beyond just maximizing profits, and that there is a mutual understanding and agreement between both parties to work towards a common goal. "Share the wealth," "the rich get richer and the poor get poorer," and "one for all and all for one" do not adequately capture the nuanced relationship between business and society that Anshen was discussing.

Melvin Anshen Suggests That There Is an Relationship Between Business