Which of the following is the most accurate statement about the impact of business on society?
A) When businesses earn a profit for their owners, they usually do so at the expense of the rest of society, which proves it is never a win-win situation.
B) While businesses often improve the standard of living within a society, they can do little to improve the quality of life.
C) Businesses often improve the quality of life, but can do little to improve the standard of living of most people due to inflation.
D) Businesses can have a positive impact on both the standard of living and the quality of life within a society.
Correct Answer:
Verified
Q195: Entrepreneurs weigh the differences between the benefits
Q196: The standard of living for a nation's
Q197: As a factor of production, the term
Q198: World-class businesses attempt to meet the needs
Q199: Which of the following is a benefit
Q201: Which of the following policies would tend
Q202: Cantlivia is a small and poor nation,
Q203: When corruption is present in the business
Q204: The emergence of an information-based economy are
Q205: Contemporary governments promote business development by
A) increasing
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents