Which of the following statements is true about the relationship between business and the community?
A) It is one of mutual interdependence.
B) Business has more responsibility towards community than the community does towards business.
C) Communities possess more social power than businesses do.
D) All of the above statements are true.

Question

Quizplus · Accepted Answer

The relationship between business and the community is one of mutual interdependence, meaning that they both rely on each other in various ways. Businesses need customers, suppliers, and employees from the community, while the community benefits from the goods and services that businesses provide. Both parties also have an impact on the social, environmental, and economic well-being of the other. It is not accurate to say that one party has more responsibility or social power than the other.

Which of the Following Statements Is True About the Relationship