Paying taxes to local government authorities from the annual revenues generated by a firm represents the firm's _____.
A) philanthropic responsibilities
B) economic responsibilities
C) psychographic responsibilities
D) political responsibilities

Question

Quizplus · Accepted Answer

The business enterprise is first and foremost an economic institution. Governments expect the firm to pay taxes and to manage natural resources such as air and water under a decent stewardship.

Paying Taxes to Local Government Authorities from the Annual Revenues