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Which of the Following Best Describes the Historical View of Business

Question 26

Multiple Choice

Which of the following best describes the historical view of business responsibilities till the first half of the twentieth century?


A) Businesses had to assume the affirmative duty of the resolution of social problems.
B) Businesses were expected to give close accounting attention to their social and environmental performance as well as financial performance.
C) The duty of businesses was the production and distribution of the best products and services at the lowest possible prices.
D) The primary duty of businesses was operation with a focus on environmentally sensitive practices to husband scarce resources.

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