A prime social responsibility of business is to safeguard consumers:
A) While continuing to supply them with goods and services they want.
B) While maintaining high profit margins.
C) By supplying consumers with products at the lowest possible cost.
D) By providing new technology.

Question

Quizplus · Accepted Answer

The prime social responsibility of business is to safeguard consumers while continuing to supply them with goods and services they want. This means that businesses should prioritize the safety and well-being of their customers, while still meeting their needs and wants. Maintaining high profit margins or providing new technology are not necessarily social responsibilities, and supplying products at the lowest possible cost could compromise the safety and quality of the products.

A Prime Social Responsibility of Business Is to Safeguard Consumers