Asked by hector batalla on Jun 29, 2024
Verified
Arguments that corporations should engage in socially responsible behaviour include all of the following except
A) social responsibility decreases the need for restrictive government regulation.
B) businesses have the resources and obligation to act in socially responsible ways.
C) socially responsible behaviour improves the public image of business.
D) pursuing socially responsible goals may dilute the purpose of the business.
E) long-run profits for the business may improve or even be dependent on its degree of social responsibility.
Social Responsibility
A duty or an ethical framework suggesting that an entity, be it an organization or individual, has an obligation to act for the benefit of society at large.
Restrictive Government Regulation
Government policies and regulations that limit or constrain certain actions, processes, or decisions of individuals or organizations.
Long-run Profits
Profits achieved over an extended period, indicating sustained financial health and success of a business.
- Understand the concept of corporate social responsibility and its importance.
Verified Answer
Learning Objectives
- Understand the concept of corporate social responsibility and its importance.
Related questions
Discretionary Responsibility Occurs When an Organization Voluntarily Moves Beyond Basic ...
The Reality Facing Managers in Contemporary Organizations Is That They ...
It Is Recommended That a Company Engaging in Corporate Social ...
Corporate Social Responsibility Is Most Closely Related to Which of ...
Corporate Social Responsibility Is an Organization's Obligation to Behave Ethically ...