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Question
What is "maximizing profits" as a social responsibility theory in business?
A) The theory that a corporation must consider the effects its actions have on persons other than its shareholders.
B) The theory that a corporation's duty is to make a profit while avoiding causing harm to others.
C) The theory that a corporation owes a duty to take actions that increases profits for shareholders.
D) The theory that a business has a responsibility solely to its stakeholders that other than shareholders.
Answer
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Related questions
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