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What Is "Maximizing Profits" as a Social Responsibility Theory in Business

Question 39

Multiple Choice

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 increase profits for shareholders
D) the theory that a business has a responsibility solely to its stakeholders

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