The sale of state-owned enterprises to independent, nonpublic investors is referred to as:

A business that practices social responsibility focuses on following high ethical standards and improving society rather than generating profits

Indicate whether the statement is true or false

Pure Fix Cycles, the company profiled in the opening feature of Chapter 1, was launched by four co-founders and sells ________

A) fixed gear, single speed bikes B) entry level bikes that sell in the $100 price range C) bikes the are durable enough that they almost never need to be fixed D) high quality bikes that sell in the $1,000+ price range E) multiple gear, multiple speed bikes