The ___ view of CSR approaches business decisions with the understanding that economic and social progress are interconnected.

A) shared value
B) classical
C) post-modern
D) socio-economic
E) ethnocentric

The shared value view of CSR recognizes that economic goals and social progress are deeply interconnected. This approach suggests that businesses can create both economic value and societal value at the same time by addressing social and environmental challenges through their core business strategies. This view differs from the classical view which suggests that the sole responsibility of business is to maximize profits and the post-modern view which suggests that businesses should address societal issues without any regard for their own economic success. The socio-economic view focuses on social justice and redistribution of wealth, while the ethnocentric view emphasizes the business's responsibility to the local community and culture.