A factor demanding the ethical and social responsibility of business is:
A) the "invisible hand" of competition.
B) the sheer size and power of individual corporations.
C) the fact that self-regulation has been effective in achieving social goals.
D) great amounts of wealth and economic power are controlled by a small number of shareholders who own and exercise tight control over a large number of corporations.

Question

Quizplus · Accepted Answer

The sheer size and power of individual corporations demand ethical and social responsibility because their actions can have significant impacts on society and the environment.

A Factor Demanding the Ethical and Social Responsibility of Business