15. Following Body Count a. Time Warner went exclusively into rap musiad enterta
ID: 3449561 • Letter: 1
Question
15. Following Body Count a. Time Warner went exclusively into rap musiad entertainment b. Time Warner shifted c. Time Warner released no more rap albums. d. Both b and c strategically into family-oriented 16. Businesses must face social issues because It is the right thing to do They can affect profits. a The U.S. Constitution requires them to do so. None of the above The Body Shop founder Anita Roddick said that she didn't care about making money, she only placebking the world a beter place. Into which school of social responsiblity would you 17. cared about place Ms. Roddick? aInherence Invisible hand Social responsibility 18. Nobel economist Milton Friedman said that the social responsibility of a business is to make money for its shareholders. Into which school of social responsibility would you place Dr. Friedman? a. Inherence b Enlightened self-interest c. Invisible hand d. Social responsibility A company CEO said, "If it's legal, it's ethical. I do nothing more." Into which school of social responsibility would you place this CEO? 19. a. Inherence b. Enlightened self-interest c. Invisible hand d Social responsibility XYZ Corporation expects its managers and employees to testify at congressional hearings and appear before state legislatures to advocate policy positions on everything from taxes to activities in national parks. Into which school of social responsibility would you place XYZ Corporation? 20 Inherence b Enlightened self-interest d Social responsibility Invisible hand 21 Which player wrote a book that named names of baseball players who used steroids? Jose Canseco Mark McGwire Sammy SosaExplanation / Answer
15. Time Warner is exclusively into the family business and never released any rap album (d).
16.Business must face social issues as it is the right thing to do (a).
17. Social responsibility involves developing businesses with a positive relationship with the society in which they operate. Social responsibility talks about balancing between profit-making with activities that benefit society.
18.Enlightened self-interest recognizes that a company's prime purpose is to make profits (b).
19.The invisible hand is a term used by Adam Smith to describe the unintended social benefits of individual self-interested actions (c).
20. (d)
21. Jose Canseco wrote the story on steroids in his book, Juiced.
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