Which of the Following Statements Is True of the Managerial

Multiple Choice

Which of the following statements is true of the managerial school of social responsibility?

A) It argues that a firm must have the trust of all groups, both internal and external.
B) It argues that the social costs of doing business are the collective responsibility of the government.
C) It asserts that a business is a legal entity in our society that must be held responsible for its activities.
D) It sees all business units as accountable to elected public officials.