The classical view of social responsibility is that a for-profit organization's responsibility is ________
A) to help as many people as possible
B) to maximize both profits and the general welfare
C) to maximize profits only
D) to maximize opportunity for all
Answer: C
Explanation: The classical view of social responsibility is a purely economic view that looks at profits only. A for-profit company exists to make money. Therefore, its only responsibility is to maximize profits. Any actions for social good, such as to help people, create opportunity, or to improve the general welfare, would be looked upon as irresponsible because these actions would divert the organization from its stated goal.
You might also like to view...
A retailer can generate channel control through each of the following strategies except _____
a. bargaining power due to many purchases from a manufacturer b. private brands c. the threat of switching vendors d. franchising
People whose communication patterns are primarily _______ are more likely to be indirect, to avoid conflict, be easily persuaded/bullied, and be overly concerned about pleasing others
Fill in the blanks with correct word