Defend the response you have been assigned using examples from the reading and/or current events.

Which of the following should generally be the most important priority for businesses when making decisions and why?

a) Economic Responsibility, i.e. which decisions makes the most money for the firm and for its stakeholders. b) Legal Responsibility, i.e. which decisions best conform within the boundaries of the law and avoid legal scrutiny. c) Ethical Responsibility, i.e. which decisions are right and just according to cultural and social morality. d) Philanthropic Responsibility, i.e. which decisions do the most to give back to the local community and the local economy.