L3M1 Question Includes: Single Choice Questions: 71, Multiple Choice Questions: 19,
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‘The social responsibility of business is profit maximisation’ - focusing on returns to shareholders.
This is a famous business philosophy - in contrast to a philosophy of Corporate Social Responsibility as expounded by CIPS.
Which economic and management thinker famously promoted this view?
Sources of finance for a public sector entity are primarily (select one):
In which one of the following sectors would you least expect to find seasonal unemployment:
Which of the following might result from increased costs of production (especially wages) without increased demand, so that producers have to increase their prices to maintain profitability?
'In the not-for-profit sector, funding often comes from those who do not benefit directly from the service provision.' True or false?