According to the view that Applied Engineering Corporation is a "citizen," the firm is expected to
A) participate in bettering communities and society.
B) primarily generate revenue for its owners.
C) have no responsibility other than profit maximization.
D) efficiently allocate scarce resources.

Question

According to the view that Applied Engineering Corporation is a "citizen," the firm is expected to​
A) ​participate in bettering communities and society.
B) ​primarily generate revenue for its owners.
C) ​have no responsibility other than profit maximization.
D) ​efficiently allocate scarce resources.

Quizplus · Accepted Answer

According to the view that Applied Engineering Corporation is a "citizen," the firm is expected to participate in bettering communities and society. This view considers corporations as members of the society, with certain responsibilities towards the community and the environment. Therefore, the company is expected to engage in activities that promote social and environmental sustainability, such as supporting local charities, reducing waste and emissions, and promoting ethical business practices.

According to the View That Applied Engineering Corporation Is a "Citizen