Economics k15 - Study guides, Class notes & Summaries

True or False no Why Study Ethics 1 1 According to one perspective of business ethics, no one other than business managers and owners may claim to have a stake in the business decisions managers make. TRUE A) FALSE B) The free market view holds that maximizing profits for its shareowners and providing the public with the goods and services they want, is enough to satisfy a business’ social responsibility. TRUE A) FALSE B) The common understanding of business soc...