During the early 1900’s, the mission of business firms was set exclusively in economic ter
During the early 1900’s, the mission of business firms was set exclusively in economic terms. After the 1960’s, social activists began to question the singular objective of business enterprises. Managers’ today continually encounter decisions that have a social dimension. Which of the following is defined as a business firm’s obligation, beyond that required by law and economics, to pursue long-term goals that are good for society?