Which of the following is typically an economic responsibility of a firm?
A) Sourcing raw materials from highly developed countries
B) Paying adequate returns to the firm's stockholders on the capital invested by them
C) Donating resources, in terms of money and time, toward community development
D) Helping a nation increase its import of goods and services

Question

Quizplus · Accepted Answer

The business enterprise is first and foremost an economic institution. Investors expect an adequate return for their risk capital. Consumers expect safe products and services at appropriate prices and quality. Suppliers expect to be paid in full and on time.

Which of the Following Is Typically an Economic Responsibility of a Firm