By establishing Ronald McDonald Houses, temporary lodging for individuals with seriously ill family members, McDonald's has committed itself to more than just shareholder wealth. The corporation's active role in improving societal conditions suggests that it is responsive to which of the following arguments for the socioeconomic model of social responsibility?
A) Corporate resources should be devoted to maximizing profits, not to solving society's problems.
B) Individual businesses should not be responsible for solving problems that affect all of society.
C) Socially responsible actions by business firms increase the role of government in business.
D) Social responsibility promotes environmental stability and long-run profitability.

Question

Quizplus · Accepted Answer

The argument for the socioeconomic model of social responsibility is that socially responsible actions promote environmental stability and long-run profitability, which aligns with McDonald's commitment to improving societal conditions through the establishment of Ronald McDonald Houses. The other options do not align with this argument.

By Establishing Ronald McDonald Houses, Temporary Lodging for Individuals with Seriously