A firm's economic responsibility is important because
A) firms have a responsibility to their stakeholders to be as profitable as possible
B) firms have a responsibility to their shareholders to be as profitable as possible
C) if firms are not profitable, they will not be able to meet any other goals
D) if a firm cannot fulfill its economic responsibilities, it may have to stop dividend payments to shareholders
Correct Answer:
Verified
Q17: Which one of the following choices best
Q18: Corporate social responsibility initiatives and social entrepreneurship
Q19: Which of the following choices is a
Q20: Which of the following choices best represents
Q21: Which of the following choices most accurately
Q23: A firm's legal responsibility is important because:
A)
Q24: A firm should take its ethical responsibilities
Q25: A firm should take its philanthropic responsibilities
Q26: When firms allow their employees to donate
Q27: The concept of philanthropy is most closely
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