The view that business exists at society's pleasure and businesses should meet public expectations of social responsibility is the
A. iron law of responsibility argument
B. enlightened self-interest argument
C. capacity argument
D. anti-freeloader argument
Answer: Option B
Related Questions on Values and Ethics in Management
Which is the element of business ethics?
A. A discipline
B. It is an art and science both
C. Good intention
D. All of the above
A. rules of selling
B. rules of advertising
C. rules of behaviour
D. All of these
A. traditional
B. historical
C. social
D. political
"Ethics deal with the right actions of individuals". Who said this?
A. J. R. Betty
B. D. C. Za ne
C. Peter F. Drucker
D. C. S. Rao

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