Asked by Baily Shelor on May 16, 2024
Verified
Which of the following statements does NOT support the argument that corporations should engage in socially responsible behaviour?
A) Socially responsible behaviour improves the public image of business.
B) Social responsibility decreases the need for restrictive government regulation.
C) Businesses have the resources and obligation to act in socially responsible ways.
D) Long-run profits for the business may improve or even be dependent on its degree of social responsibility.
E) Pursuing socially responsible goals may dilute the purpose of the business.
Socially Responsible Behaviour
Actions taken by individuals or organizations intended to benefit society or the environment, beyond what is required by law.
Public Image
The perception of an organization or individual by the public, shaped by various forms of communication and representation in the media.
Government Regulation
Laws and rules established by government bodies intended to control or guide the behavior of businesses, organizations, and individuals.
- Evaluate the interaction between corporate social responsibility and financial achievement.
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Learning Objectives
- Evaluate the interaction between corporate social responsibility and financial achievement.
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