Which of the Following Statements Is True of the Managerial

Which of the following statements is true of the managerial school of social responsibility?

A)It argues that a firm must have the trust of all groups, both internal and external.
B)It argues that the social costs of doing business are a collective responsibility of the government.
C)It asserts that a business is a legal entity in our society that must be held responsible for its activities.
D)It sees all business units as accountable to elected public officials.

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