Which of the following opinions is a proponent of corporate social responsibility most likely to hold?
a. The primary responsibility of social welfare rests with governments and not business firms.
b. The free market, not companies, should decide what is best for the world.
c. Businesses have resources, so businesses should be given the chance to solve social problems.
d. Businesses never perpetrate social problems.
ANSWER: c
Corporate social responsibility has an increasing number of supporters based on several compelling factors. Some societal problems, such as pollution and poverty-level wages, have been brought about by corporations' actions; it is the responsibility of business to right these wrongs. Businesses also have the resources, so businesses should be given the chance to solve social problems.
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