Question

In a business setting, the term noblesse oblige refers to______. a. a benevolent behavior that is considered the responsibility of successful enterprises.b. preferential treatment received by successful companies from governments.c. rich corporations abusing their power for private gain.d. tax exemptions that are given only to local companies but not to foreign companies.e. obliging a government official with the expectation of a reciprocal favor.

Answer 1

The correct answer is letter "A": a benevolent behavior that is considered the responsibility of successful enterprises.

Step-by-step explanation:

The phrase "Noblesse oblige", which is French, was taken to economics to denote responsible behavior of companies that help them lead to success. Those behaviors comprise the values the firm has and how socially responsible they are with their surrounding environment.

Answer 2

Answer: a. a benevolent behavior that is considered the responsibility of successful enterprises

Step-by-step explanation:

Noblesse oblige is a term from the French origin which means behaviour that is deserving of honour and considered charitable or kind-hearted which is seen as the responsibility of the noble class.

In business it also means a behaviour that is deserving of honour and considered charitable or kind-hearted seen as the duty of a successful enterprise.