Which of the following explicitly rejects the idea that businesses should undertake social expenditures beyond those mandated by the law and required for the efficient running of a business?

A. The Friedman doctrine

B. The Sullivan principles

C. Utilitarianism

D. Marxism

E. Kantian ethics

A

Business

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Which of the following represents the relationship between a company's valuation of jobs based on job evaluation and the valuation of jobs within the external market as assessed by compensation surveys?

A) market-competitive pay structure B) pay grade C) pay range D) market pay line

Business

Risk Pooling is an example of:

A) a Catastrophic Loss Event B) diversifying risk C) a speculate risk D) applying the risk-return trade-off

Business