BUS 101

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Please check my answers.

1. According to the influential economist Milton Friedman, corporate social responsibility is
primarily based on


A. meticulous care of the environment.
B. making money for shareholders.
C. repudiating insider trading.
D. making safe, high-quality products for consumers.

My answer is B.

2.As derived from the Markkula Center for Applied Ethics, which of the following should
be one of eight guiding principles?


A. Compliance with the law in every situation
B. Doing good to those who deserve it
C. Respect for property
D. Preventing harm to others and to the world around us.

My answer is A.

3.The major disadvantage of a sole proprietorship is


A. having to make all the decisions.
B. having to share profits with relatives.
C. unlimited liability.
D. finding people to assist you in areas where your skills are weak.

My answer is C.

  • BUS 101 -

    1 ANSWER = A
    2 ANSWER = D
    3 ANSWER = C

  • BUS 101 -

    You are both 2 out of 3 wrong

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